{"id":328640,"date":"2026-03-14T02:12:07","date_gmt":"2026-03-14T02:12:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/328640\/"},"modified":"2026-03-14T02:12:07","modified_gmt":"2026-03-14T02:12:07","slug":"the-current-oil-crisis-is-three-times-as-bad-as-the-1979-oil-crisis-and-can-cause-further-price-rises-that-will-rattle-global-markets-a-leading-economist-has-warned-facebook-com","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/328640\/","title":{"rendered":"The current oil crisis is three times as bad as the 1979 oil crisis and can cause further price rises that will rattle global markets, a leading economist has warned. &#8211; facebook.com"},"content":{"rendered":"<p><a href=\"https:\/\/news.google.com\/rss\/articles\/CBMi3wFBVV95cUxQSks1WHpGWjhVa3ROX2NwdmVQOFNreV9QZlcxalFWbWZsR2l4dm8wSERXZzNiTzZrZkJieGp2Z3JWeV90d0NTZ2VUdFRaSFljSmNRYjlCMXRUMTF5bDhpTDZwMWtBeTRES0pob1NYR08tMS1POG9SczgxWTVSRGt0S1VvUGRTNjYtY3NGUmE5MTY5Yi1JaXczX083MTBUbFhjcXpqODFhSnFtT2RISW1IeUNFLWd0U3M1Z3R6cl8yUmFnWXlGcU9QRkI3ejJ5ZllNTnh6TXRON0Q3UlU4YXc4?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">The current oil crisis is three times as bad as the 1979 oil crisis and can cause further price rises that will rattle global markets, a leading economist has warned.<\/a>&nbsp;&nbsp;facebook.com<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMi3wFBVV95cUxNWnpQYVg5NUszeGlLeldqMVMyNWtXVl9BdF9SVVo4VDVJU0NrNjVtMEh6WW1CZm9qeFQwUmtPNVNfX29hdXFjUkZtbk14WjhyWnNsUVZ3Sk1ETWhFQWpaeDUxakZrUHZUVmQ5SFlCdWJwMm9pa2RPZTJ5dXE0YUc1MFVhRDNhaDRWMW04WFc1emozdE9XbnpwZ05BMXM4dGM1WTBHYVlpeWpUTWhfWTJHRWxOTFdrSHJrVEQ0Szh5djF6ckxSbkJfMjdFYUdOOXo5TzVOSUZETmE1LUJEX1pZ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">AMP Chief Economist Shane Oliver has delivered a dire warning that the fuel supply crisis could be one of the worst in history.<\/a>&nbsp;&nbsp;facebook.com<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMid0FVX3lxTFBwRmo2VnVhZzVwM2VVczBGUjNrc196Rmt0TWVNNXNXT2Vsbll0YUZuS1hPcWlwU1k5MzFNQ21UVDlPbzIyT25HbHp6YUxfTkR1eXVFYzh2RlJVUWdLREhDYVZWVmd0bVJOZ1kxWFRvR1MzY09fWVZn?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">The Impotence of Drill, Baby, Drill<\/a>&nbsp;&nbsp;Paul Krugman | Substack<a href=\"https:\/\/news.google.com\/rss\/articles\/CBMifkFVX3lxTFBXWlBUeWwwaWF3VDZqTVgxUjg1dkNNa0NYMHhVamZ5cTNaRmZZSjR2Q0JZVVZybk1tVzk5bVJneWU5b3RCMmtRVktRQmZiWFFfbzlORzFGakt4WHZlU0xxOU1vaVVqckwtcXF4eGJ2UEp5UzJCVXdfdWo3MzR6UQ?oc=5\" target=\"_blank\" rel=\"nofollow noopener\">Opinion | Trump Is Making Jimmy Carter\u2019s Mistake on Iran and Oil<\/a>&nbsp;&nbsp;The New York Times<\/p>\n","protected":false},"excerpt":{"rendered":"The current oil crisis is three times as bad as the 1979 oil crisis and can cause further&hellip;\n","protected":false},"author":2,"featured_media":328641,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-328640","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/328640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=328640"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/328640\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/328641"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=328640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=328640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=328640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}