What name is given to the global bear market caused partly by the 1973 oil crisis and high inflation?

The global bear market caused partly by the 1973 oil crisis and high inflation is called the 1973–1974 stock market crash.

The decline followed the 1973 oil crisis, when Arab members of OPEC imposed an oil embargo on countries supporting Israel during the Yom Kippur War. Oil prices rose sharply, contributing to inflation and weakening economic growth in many industrial economies. Investors also faced concerns about recession, wage pressures, and declining corporate profits.

In the United States, the Dow Jones Industrial Average fell substantially from its early-1973 peak to its 1974 low. The downturn was part of a broader period of stagflation, combining weak growth with high inflation. Britain and other markets experienced similarly severe losses.

This crash is often discussed alongside the 1970s energy crisis, but the terms are not identical. The oil crisis was a major economic trigger, while the stock-market crash describes the collapse in share prices and investor confidence.