$100 oil? Prolonged Hormuz closure could spark a 1970s-style energy shock - CNBC
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TL;DR
A prolonged closure of the Strait of Hormuz could drive oil prices to $100 per barrel, triggering a 1970s-style energy shock and impacting global markets and consumer costs.
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oil pricesStrait of Hormuzenergy shockIran conflictmarket impact
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