The 1973 Oil Crisis Still Matters Today
Author Philip Delves Broughton is on Bloomberg This Weekend to discuss his new book, Embargo, and how the 1973 oil crisis transformed Saudi Arabia’s economic and political power while exposing the world’s vulnerability to turmoil in the Middle East. Speaking with hosts David Gura and Christina Ruffini, Delves Broughton examines parallels with today’s Iran conflict, US involvement in Venezuela and Saudi Arabia’s continuing effort to diversify its economy beyond oil.
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