Taiwan to Cap Oil-Price Rises and Doesn’t See Power Shortages

Taiwan has set a weekly cap on oil-price increases as it seeks to cushion the economy from the impact of the Middle East war, according to the Commercial Times.

By Cindy Wang, Miaojung Lin · Bloomberg Markets

Taiwan has set a weekly cap on oil-price increases as it seeks to cushion the economy from the impact of the Middle East war, according to the Commercial Times.