How does the current global oil crisis compare with the 1973 oil embargo?
The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today, that figure stands at 20 million.
The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today, that figure stands at 20 million.
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The 1973 oil embargo removed 4.5 million barrels per day from global supply. Today, that figure stands at 20 million.
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Members of the International Energy Agency have agreed to release 400 million barrels of oil from strategic reserves.
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