Data from the International Energy Agency (IEA) reveals that the European Union’s embargo on the purchase, import and transfer of Russian crude oil at the end of 2022 has had little impact on the ...

AT A GLANCE • The Middle East oil embargo of 1973 spurred the creation of the Strategic Petroleum Reserve, or SPR, to safeguard U.S. national energy security against such events in the future.

But so far it has not yet used what many call "the nuclear option" - a full oil embargo, targeting the industry ... Venezuela crisis - in seven charts On Saturday, US Secretary of State Mike ...