Tag: crude oil price
Posted in Economy
$100 oil shock set to strain Asia’s cash-strapped governments
Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices…
Posted in Business
Global oil prices jump over 30% as Middle East conflict escalates
Oil prices surged to $114 a barrel as more major Middle East producers cut production, the Strait of Hormuz remained largely closed, and the United…