Special report | A changing market
Why oil supply shocks are not like the 1970s any more
America has a lot of oil now, and the global energy market is more robust
Editor’s note (March 14th 2024): An earlier version of this story made an error in reporting Badr Jafar’s assessment of “grey-zone” trading. We regret the error and apologise.
This article appeared in the Special report section of the print edition under the headline “Crisis and after”
From the March 16th 2024 edition
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