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How This Oil Supply Shock Compares to the Embargo of 1973

Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.

1 report1 sourceMar 13, 2026, 3:56 PM
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New York TimesMar 13, 2026, 3:56 PM

How This Oil Supply Shock Compares to the Embargo of 1973

Governments have stockpiled oil, and cars are more efficient but the supply shock is global, and there’s no sense of when it’ll end.

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