How the Hormuz attacks stoke oil-shock fears and memories of 1970s stagflation

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Source: South China Morning Post
Published: 2026-03-30 23:30 UTC+10:00
Section: 1970s stagflation
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Energy, Economy & Finance, World News, Business & Economy
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Snippet:
A timeline of past oil shocks is seen offering ‘clear lessons’ for today’s Strait of Hormuz crisis, with an eye on ripple effects and contingency tools
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