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New Mideast War Could Delay Painful US Gas Shortage
AP analysis warns Arab-Israel war may curb oil imports and trigger rationing in the United States and Europe. It notes US imports about 6 percent of daily consumption from Arab sources and outlines potential cuts, voluntary measures, and the risk of inflation and disruption across the US, Europe, and Japan.
MENTIONED IN THIS ARTICLE
William B. Ryan
Washington
Israel
U.S
William {. Simon
United States
John Lichtblau
Petroleum Industry Research Foundation
Iran
Nigeria
Canada
Latin America
Department of Commerce
America
Saudi Arabia
Algeria
Libya
Kuwait
Tunisia
United Emirates
Qatar
Egypt
Japan
Middle East
Western
Europe