When the U.S.-led military intervention in Iran escalated, most expected an energy crisis. They watched the oil markets and ...

Supply disruptions, high prices, nervous markets — the war in Iran brings back memories of the oil crises of the 1970s. Back then, many economies plunged into stagflation. How bad is the current ...

Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance.

The war on Iran has triggered a global energy crisis on a scale not seen in decades, with an impact rivalling the combined ...

While both crises involve oil, experts say there are some important differences between what happened in the 1970s and today.

Donald Trump's war in Iran is expected to ramp up the cost of living around the world.

Rising energy prices turn into recessions only if bad government policies compound their effects.

How Iran bought the F-14 Tomcat in the 1970s and kept it flying for decades through war, sanctions, and improvised ...

The F-14 was made famous in Top Gun. The U.S. sold the planes to Iran in the 1970s, only for the two countries to become ...

The world is facing a worse energy shock than the twin crises of the 1970s and the turmoil that followed Russia’s invasion of ...

The head of the International Energy Agency says the global economy faces a “major, major threat” because of the Iran war ...