The new, draconian sanctions introduced by the United States and the European Union to prevent Iran from earning money from its crude oil exports could pose a serious economic threat to oil-importing countries that also trade heavily with the US and EU economies. Nations such as China, South...

Energy-exporting countries have more at risk than any other participant in the world economy if the euro crisis plunges Europe into recession. These countries would likely experience greater losses in 2012 should Europe fail. Oil and natural gas prices would plummet, and the price collapse would...

Crude oil prices rose from $10.90 per barrel on March 10, 1999 to $33.92 per barrel exactly one year later. The price increase moved the issues of energy policy briefly from the back pages of the business section to the front page. However, the attention was brief. By early April, prices had...