Market Prices
WTI Oil $92.60 +0.19 Natural Gas $3.00 −0.20 Brent Oil $105.28 +0.96
Settlement Sep 28, 2026
LMJ Land Services

← Back to Insights

Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself

 The Hormuz disruption is hammering Asian economies with surging energy costs and weakening currencies, but a repeat of the crisis three decades ago is unlikely. ​