Hurricanes and the destruction they cause are spectacular. Despite appearing regularly in the American South, they are still considered to be dangerous and unpredictable. From a day to day perspective they are dangerous and destructive, but from a wider economic perspective, they potentially affect opportunities for recovery and GDP growth. Some of them, such as Katrina and Ida which occured ...
Oil prices increased in the final months of the previous year and after the drone’s attacked the Aramco refinery. However, after Aramco was able to reach its level of production and export capacity before the attack, relative stability returned to the oil market. Subsequently, there was no change in the oil market, given the surplus oil supply in the market ...