An energy economist says the world will be resilient to oil shocks as the market heads for the largest disruption in history
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- Oil prices have spiked above $100 per barrel, causing fear in markets.
- Energy economist Daniel Yergin thinks the global economy is robust enough to withstand the latest shock.
- He said the disruption is historic, but the energy market is more diversified than in the past.
The US-Iran war has caused a significant disruption in the global oil market, sending prices to $100 per barrel, but one top energy expert thinks the world economy is more resilient to shocks than in the past.