Brutal past experience has taught us that a cost of living crisis doesn\u2019t affect us all the same, because we don\u2019t all go into it with the same income or wealth<\/p>\n
Perhaps the most celebrated writer on oil markets is Daniel Yergin. His work has won a Pulitzer and his advice sought by every president from Bill Clinton to Donald Trump. Let\u2019s start by looking at an example.<\/p>\n
Fifteen years ago, before the US and Israel started their war on Iran, killing thousands of civilians in the process, <\/strong>before the strait of Hormuz became as infamous as the Bermuda Triangle, and before experts declared \u201cthe greatest global energy security threat in history\u201d, Yergin published The Quest<\/a>: Energy, Security and the Remaking of the Modern World. After hearing Trump announce a \u201cvery soon\u201d end to the conflict for the second \u2013 or was it the third? \u2013 time, I dug out my copy. Just as I remembered, it devotes a chapter to the Persian Gulf.<\/p>\n Aditya Chakrabortty is a Guardian columnist<\/p>\n Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters<\/a> section, please click here<\/a>.<\/strong><\/em><\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Brutal past experience has taught us that a cost of living crisis doesn\u2019t affect us all the same, because we don\u2019t all go into it with the same income or wealth Perhaps the most celebrated writer on oil markets is Daniel Yergin. His work has won a Pulitzer and his advice sought by every president … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-70621","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/70621","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=70621"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/70621\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=70621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=70621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=70621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}