Published on
Apr 30, 2026
Dramatic transformation awaits Asia if Strait of Hormuz crisis persists
The dizzying changes wrought by energy shocks are only ever seen in the rearview mirror. When the 1973 and 1979 oil crises first swept the world, analysts assumed the future would be business as usual. Crude demand from Western Europe would remain broadly …
Source:
The Straits Times
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Pro-Government
