Why Does Oil Matter So Much to the Global Economy?
- Posted on March 12, 2026
- Oil (Petroleum) And Gasoline
- By The New York Times
- 3 Views
Why Does Oil Matter So Much to the Global Economy?
The war in the Middle East has sent oil and gas prices soaring. Our energy reporter Rebecca F. Elliott breaks down how much the world continues to depend on reliable sources of oil. continue reading...