-
A Comparison of Previous Oil Crises
In recent years, the conflict between Palestine and Israel has been ongoing, but most of it has not had a significant impact on oil prices. The conflict between Palestine and Israel originated in 1947. At that time, due to dissatisfaction among Arab countries, the United Nations initiated the first Middle East War on the resolution of independent statehood between Palestine and Israel. The Middle East region was plagued by continuous wars, resulting in a total of five large-scale Middle East wars. The conflicts between Israel and Palestine occur several times a year. The global capital market is not very sensitive to ... (full story)