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The Oil Embargo Following the Arab- Israel War of October 1973:British Economic Experience and Reaction
Economic Experience Embargo Oil Prices Reaction War of October 1973
2015/8/20
This paper analyzes the British economic experience and reaction towards the Arab oil embargo following the October War of 1973. Even though Britain was excluded from the list of embargoed nations, th...
We present an analysis of oil prices in US$ and in other major currencies that diagnoses unsustainable faster-than-exponential behavior. This supports the hypothesis that the recent oil price run-up ...