Right now, oil has cleared $100 a barrel and global markets are in chaos. Across Asia, petrol stations are running dry as countries like the Philippines declare a state of emergency. But fifty years ago, Lee Kuan Yew lived through the exact same thing. This is the story of how he beat the crisis, and what it tells us about where we’re headed in 2026—and beyond—if the Hormuz situation remains unresolved.
TIMESTAMPS:
0:00 - Intro
1:03 - The 1973 Oil Crisis (ft. OPEC)
2:56 - The 1979 Oil Crisis (ft. Iran)
3:52 - Inflation
4:45 - How did Singapore respond?
6:15 - Learning from Japan
9:45 - On LNG, Nuclear & Solar Power
