CNA938 Rewind - From war to wallet: How the Iran war is impacting prices in Singapore

As the Iran war pushes global oil prices above US$100 and disrupts critical supply routes like the Strait of Hormuz, the impact is already being felt far beyond the Middle East – right down to everyday costs in Singapore. Andrea Heng and Hairianto Diman break down whether this could trigger a new wave of inflation comparable to – or even worse – than the Covid-19 pandemic, why energy prices are at the heart of rising transport and grocery bills, and how long these price pressures could realistically last. For that, they speak with Dr Pushan Dutt, Professor of Economics and Political Science, INSEAD.