As oil prices spike amid the war on Iran, economists say the ripple effects could go far beyond the energy market. With the Strait of Hormuz - a key shipping route - handling a significant share of global crude exports, any disruption can quickly feed into inflation. Yap Fook Hien, senior investment strategist at Standard Chartered Bank, says that while the spike could be short-lived in an oversupplied market, a prolonged conflict may keep energy costs elevated and delay expected Fed rate cuts.

Tag-uri: Inflatie