KUALA LUMPUR: The ripple effects of higher oil prices on Asia Pacific (APAC) economies and globally are expected to be felt if the current development of Middle East tension is not defused soon, said a research house.
Moody’s Analytics, in its commentary note, said that the escalation of tensions in the Middle East over the weekend poses a significant threat to APAC economies, with the key risk coming from higher oil prices.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
