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Browsing Tag

1979 oil shock

1 post
EEconomy
The current oil crisis is three times as bad as the 1979 crisis, Mr Oliver estimated. Picture: Lachie Millard/NCA
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Oil crisis three times as bad as 1979 Iranian revolution shock, AMP’s chief economist Shane Oliver predicts

  • March 14, 2026
The current oil crisis is three times as bad as the 1979 oil crisis and can cause further…
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