2026-04-11 03:47:55

CoinWorld News, Bank of America research report on April 10th pointed out that since the 1970s, the global economy's dependence on oil has gradually decreased: today, the amount of oil needed to produce the same scale of GDP is only one-third of that in the 1970s. The OPEC crisis and the subsequent oil shocks were once seen as a severe stagflation impact. But now, the economy is more resilient in facing energy shocks of similar magnitude.

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