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Iran oil shock stirs memories of 1997 Asian crisis — but here’s why history may not repeat itself
| USA | general | ✓ Verified - cnbc.com

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

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

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