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An energy economist says the world will be resilient to oil shocks as the market heads for the largest disruption in history

David McNew/Getty Images

  • 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.

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