world fears an oil shock

Strait of Hormuz shutdown could ignite oil shock, inflation spiral

Strait of #Hormuz closure would trigger an oil shock, raise #freightcosts, reignite #inflation, stall #ratecut plans and squeeze global household #budgets. #crudeprice Read more »
crude oil prices

Rising crude oil prices give sleepless nights to policymakers

Soaring crude oil prices pose a significant challenge for governments and monetary authorities around the world. #inflation #RBI#crudeoilprices #crude Read more »