Today’s Energy Crisis vs. Past Shocks: What Has Changed?
Beyond the Shock: Why the Current Crisis is a Turning Point for Global Energy Security Twenty million barrels of oil per day. That is the staggering volume of supply currently disrupted in the Strait of Hormuz—a figure that dwarfs the 4.5 million barrels lost during the infamous oil crises of the 1970s. While the headlines … Read more