ACN Business

The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar?

Written by Jim Krane, Fellow in Energy Studies, Baker Institute for Public Policy; Lecturer, Rice University

Cars lined up for gasoline in New Jersey in 1973 as supplies ran low and prices shot upward.Frederic Lewis/Archive Photos/Getty Images

Fifty years ago, a secret deal among Arab governments triggered one of the most traumatic economic crises to afflict the United States and other big oil importers.

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The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar?

The Missing Link credited by Microsoft for discovery of high-severity Power BI vulnerability (CVE-2026-21229)

Retail Property Australia confirms inaugural President and Vice Presidents

AI threatens to eat business software – and it could change the way we work

As world trade shifts to invitation-only clubs, Australia is facing tough choices

If you live in public housing, what rights do you have to stay in your home?

Why Australia’s trade deal with Europe hinges on a forgotten promise - and a handshake

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

3 Digital Trends Influencing the B2B Food & Beverage Industry in 2021

Don’t Bin it – Refill it.

Strong CIO-CFO relationships are key in 2023

2025 Thryv Business and Consumer Report - Australian small businesses show grit under pressure

Security by Default: Why 2026 Will Force Organisations to Rethink Cloud and AI

UNSW launches plan to help Aussie startups scale overseas

Payroll Under Pressure: Why Mid-Sized SMEs Struggle to Keep Pay Accurate

Refunds to Revenue: AI and loyalty perks help retailers in post-holiday hangover

Stop reading from the script: Why authenticity is the customer success secret weapon

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