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This oil shock will hit Asia harder than the 1970s

  • Posted on April 30, 2026
  • By The Age
  • 0 Views
  • 1 min read
This oil shock will hit Asia harder than the 1970s
This oil shock will hit Asia harder than the 1970s

Europe’s oil demand never recovered from the shocks of the 1970s. If the crisis in the Strait of Hormuz doesn’t end soon, a dramatic transformation awaits in Asia.
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Author
The Age

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