BUSINESS● LOWOct 2 · Oct 2, 2026, 4:42 PM
Global Economy So Far Weathers Major Oil Shock
Human Progress · global
“The Middle East conflict delivered one of the biggest disruptions to global oil supplies in decades. The disruption of oil shipments through the Strait of Hormuz earlier this year briefly drove Brent crude prices to nearly $120 a barrel—roughly two-thirds higher than the price on the eve of the conflict. Yet the global economy has […] The post Global Economy So Far Weathers Major Oil Shock appeared first on Human Progress.
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