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Bloomberg businessworld

Oil Shock Will Hit Asia Harder Than the 1970s

The dizzying changes wrought by energy shocks are only ever seen in the rearview mirror.

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https://www.bloomberg.com/opinion/articles/2026-04-29/strait-of-hormuz-oil-shock-will-hit-asia-harder-than-the-1970s?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzU0MTY5OCwiZXhwIjoxNzc4MTQ2NDk4LCJhcnRpY2xlSWQiOiJURTlPT0lLR0NUS0owMCIsImJjb25uZWN0SWQiOiJGMThDQ0VDNEUzODg0REQxODI4Nzk5N0UxNTVFQ0E5NCJ9.XmjrZBzIlk-Y8koFDYqG6Bk35Fo1Uwgp_Lgl7zZu73Y
https://www.bloomberg.com/opinion/articles/2026-04-29/strait-of-hormuz-oil-shock-will-hit-asia-harder-than-the-1970s?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc3NzQ4NzYzMiwiZXhwIjoxNzc4MDkyNDMyLCJhcnRpY2xlSWQiOiJURTlPT0lLR0NUS0owMCIsImJjb25uZWN0SWQiOiIxMkE1QzVFRUNERDg0NUJEQjVFOTM1MUE0Mzk4QTAxNCJ9.8t3m9VDWKN47bdNEj7aRuUx42WPRX-Uw4xUKLaGRVEw

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