⚠️🇺🇸#inflation #us #history #oil #geopolitics
US inflation today and during the oil crisis in 1973
during that time, Arab countries, OAPEC members, along with Egypt and Syria, announced their refusal to supply oil to nations (UK, Canada, the Netherlands, US, Japan) that had backed Israel during the Yom Kippur War in its confrontation with Syria and Egypt.
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JPMorgan: in the U.S., a new inflation wave, akin to the 1970s, might be looming - details
US inflation today and during the oil crisis in 1973
during that time, Arab countries, OAPEC members, along with Egypt and Syria, announced their refusal to supply oil to nations (UK, Canada, the Netherlands, US, Japan) that had backed Israel during the Yom Kippur War in its confrontation with Syria and Egypt.
——————————
JPMorgan: in the U.S., a new inflation wave, akin to the 1970s, might be looming - details
🛢🇺🇸#oil #us #costprice
BBG: cost of oil shale in the US has significantly increased. American shale producers need oil to be around $86 a barrel
BBG: cost of oil shale in the US has significantly increased. American shale producers need oil to be around $86 a barrel