Lessons learned in '70s have made US, world economies less vulnerable to oil shocks
PAUL WISEMAN and YURI KAGEYAMA
Associated Press
Updated
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The US military said it will begin a blockade of all maritime traffic entering and exiting Iranian ports and coastal areas on Monday, after weekend talks failed to reach a deal to end the war with Iran, jeopardizing a fragile two-week ceasefire.
A tourist ferry sails past the Indian flagged LPG carrier Jag Vasant transporting liquefied petroleum gas on April 1 at the Mumbai Port in Mumbai, India.
A tourist ferry sails past the Indian flagged LPG carrier Jag Vasant transporting liquefied petroleum gas on April 1 at the Mumbai Port in Mumbai, India.