Global Impact Of Economic Shocks | The Reconfiguration of the World of 1973 | 4

Global Impact Of Economic Shocks | The Reconfiguration of the World of 1973 | 4

From Legacy by Original Legacy Productions

April 7, 2026 · 43 min · Episode 135

About this episode

The episode explores the global economic impact of the 1973 oil crisis and its political ramifications.

From the formation of OPEC to the Yom Kippur War, Peter and Afua trace how oil-producing nations finally seized control of their most powerful weapon — and how the shock of 1973 sent the entire global economy into freefall, from petrol queues in Europe to coups in Africa. Join Legacy Plus for bonus episodes, early access, Q&A's, fewer adverts and more. legacy.supportingcast.fm Stay connected with Legacy: Instagram: @originallegacypodcast TikTok: @legacy_productions Explore more from Peter and Afua — essays, sources, and ideas: Substack: peterfrankopan.substack.com | afuahirsch.substack.com Join Legacy+ for bonus episodes, early access, Q&A's, fewer adverts and more. legacy.supportingcast.fm Stay connected with Legacy: Instagram: @originallegacypodcast TikTok: @legacy_productions Explore more from Peter and Afua — essays, sources, and ideas: Substack: peterfrankopan.substack.com | afuahirsch.substack.com Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Hosts: Peter Frankopan, Afua Hirsch

Topics covered

  • economic shocks
  • global economy
  • oil crisis
  • 1973
  • OPEC
  • political coups

Keywords

  • economic shocks
  • OPEC
  • Yom Kippur War
  • global economy
  • oil crisis
  • 1973

Mentioned in this episode

Organizations: OPEC

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