Bombings in Iran raise fears of oil crisis

  • Posted on March 1, 2026
  • By Le Monde
  • 6 Views
Bombings in Iran raise fears of oil crisis

The closure of the Strait of Hormuz and US-Israeli strikes in Iran are reigniting the specter of a surge in crude oil prices. But the global economy is less vulnerable today than it was during the 1973 oil crisis.
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Le Monde

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