Dallas Fed: U.S. Economy Better Equipped To Withstand Major Oil Supply Shocks

The U.S. economy is far less vulnerable to major geopolitical oil supply disruptions than it was during the energy crises of the 1970s and 1980s, according to new research released June 23 by the Federal Reserve Bank of Dallas. The study examined the impact of the 2026 Iran war and the closure of the Strait of Hormuz...