On 3 February 1981 the German national daily Frankfurter Allgemeine Zeitung published this cartoon by Dutch illustrator Fritz Behrendt illustrating the consequences of the second oil shock from the seventies, which had led to an increase in the price of oil by a factor of 2.7 from mid-1978 to 1981.
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| pic: (c) Fritz Behrendt |
This second oil crisis resulted in a rise in energy costs for industrialised nations and higher prices at the pump.
Source: cvc.eu
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