Natural gas NurPhoto via Getty Images The European energy fiasco is reaching a climax. As long feared, last Friday, the Kremlin-controlled gas giant Gazprom announced that it is shutting down Nord Str...
Tag: oil crisis
Could 1979’s Oil Market Chaos Be Repeated?
Russian President Vladimir Putin (Photo by Peter Muhly – WPA Pool/Getty Images) Getty Images After the first oil crisis, many politicians pompously proclaimed that they didn’t want to see their ...