How Oil Prices Have Reacted To Financial Crises Through History ...Middle East

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How Oil Prices Have Reacted To Financial Crises Through History
source : OILPRICE ( Middle East ) () 39
Once infrequent, financial crises that require dramatic rescues are quickly becoming the norm. Each of the last four U.S. administrations has grappled with an economic crisis serious enough to warrant government intervention. The current banking crisis comes just three years after the Covid-19 pandemic triggered global supply chain disruptions, which itself came a little more than a decade after the 2008 financial crisis. Unfortunately, energy is one of the sectors that have historically been hammered the most whenever the economy ails. Economic…

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