CNA938 Rewind - As Middle East conflict widens, oil prices soar, and the world braces for impact
Oil prices have surged sharply amid escalating Middle East tensions, with fears of supply disruptions driving crude up by double digits. If the rally continues, higher energy costs could reignite inflation pressures and ripple through transport, manufacturing and household bills worldwide. Andrea Heng and Hairianto Diman look at how different countries are stockpiling, diversifying supply, and absorbing the higher prices. For that, they speak with Vandana Hari, Founder, Vanda Insights.