This oil shock will hit Asia harder than the 1970s
David Fickling·
·7 min read
·
0 reactions
·
0 comments
·
1 view
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.
Original article
The Sydney Morning Herald · David Fickling
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-04-30T07:30:00Z","datePublished":"2026-04-30T07:30:00Z","description":"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.","headline":"This oil shock will hit Asia harder than the 1970s","keywords":"Middle East at war, Opinion, Oil, Just in","author":[{"@type":"Person","name":"David…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.
Anonymous · no account needed
Discussion
0 commentsMore from The Sydney Morning Herald
The numbers that show Pies-Hawks draw should never have been close
The Sydney Morning Herald·3
Superquiz, Friday, May 1
The Sydney Morning Herald·2
Moore's high tackle leads to draw
The Sydney Morning Herald·4
Thousands wiped from Sydney and Melbourne house values as rates and oil start to bite
The Sydney Morning Herald·3
Chaos erupts outside Alice Springs hospital after fugitive's arrest
The Sydney Morning Herald·4
Chaos erupts as angry crowds surround Alice Springs hospital after fugitive's arrest
The Sydney Morning Herald·6