$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 past $100 a barrel.
By Claire Jiao, Swati Pandey · Bloomberg Markets
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 past $100 a barrel.