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1973 oil crisis

Coverage of 1973 oil crisis in the Nexus archive.

Earliest in view: Jun 15 · 12:03 UTCMost recent: Jun 15 · 12:03 UTC
Co-mentioned in this coverage
Iran wartopic1Middle Eastplace1Alaa Shahine Salhaperson1Asharq Businessorganization1IMForganization1Energy Sectortopic1
Recent coverage
  • BUSINESSJun 15 · 12:03 UTCSEMAFOR
    Iran war is region’s costliest in decades

    The Iran war has significantly impacted the Middle East's economies, affecting 10 countries that represent 70% of the region’s economic output. The conflict has disrupted energy, aviation, finance, and trade sectors, with the IMF projecting regional growth of 1.1% this year. Unlike past wars, this crisis is stalling reconstruction in Gaza, Lebanon, Sudan, and Syria, contrasting with the 1973 oil crisis which spurred a Gulf boom.