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Iran war: Is another 1970s‑style oil crisis looming?

Supply disruptions, high prices, nervous markets — the war in Iran brings back memories of the oil crises of the 1970s. Back then, many economies plunged into stagflation. How bad is the current crisis?

1 report1 sourceMar 27, 2026, 11:44 AM
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DWMar 27, 2026, 11:44 AM

Iran war: Is another 1970s‑style oil crisis looming?

Supply disruptions, high prices, nervous markets — the war in Iran brings back memories of the oil crises of the 1970s. Back then, many economies plunged into stagflation. How bad is the current crisis?

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