SYDNEY: Share markets nosedived in Asia on Monday (Mar 8) as the inflationary shock from surging oil prices threatened to raise living costs and perhaps interest rates across the globe, while an investor hunger for liquidity kept the United States dollar in demand. Brent soared 23 per cent to US$114.36 a barrel, the biggest daily gain since at least 1988, which came on top of a 28 per cent rise last week.  US crude shot up a staggering 27 per cent to US$115.11, threatening to push petrol prices

Tag-uri: Petrol Inflatie