Economists warn that prolonged disruptions in Middle East oil flows could move the region from price shocks to fuel shortages, with broader risks to growth and inflation.
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Oil price volatility puts energy-dependent Asian economies at risk: Analysts
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Analysts warn that oil price volatility poses a risk to energy-dependent Asian economies, with potential disruptions in Middle East oil flows leading to fuel shortages, growth risks, and inflation. Prolonged disruptions could exacerbate these issues, impacting regional economies. Economists emphasize the need for cautious monitoring of the situation to mitigate potential economic fallout.