Global Markets | Resilience Tested: Asian economies balance buffers against rising oil shock
Asian governments are racing to cushion their economies from a deepening energy shock triggered by the Iran war, as supply disruptions and surging crude prices ripple across the world's largest oil-importing region. According to Reuters, policymakers are deploying a mix of subsidies, trade controls, and strategic reserves, but the financial burden is mounting quickly. The crisis has already begun to…
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