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Lessons learned in '70s have made the US and world economies less vulnerable to oil shocks

The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are surging in t...

BUSINESS NEWS April 12, 2026

Lessons learned in '70s have made the US and world economies less vulnerable to oil shocks

The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are surging in the wake of war in the Middle East, and that's driving up...

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The world economy is experiencing a disorienting flashback to the 1970s. Oil prices are surging in the wake of war in the Middle East, and that's driving up...

Author: AP News

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