US$100 oil threatens to compound world economy’s inflation shock

February 14, 2022 7:07 AM

HONG KONG (BLOOMBERG) – Oil’s surge toward US$100 a barrel for the first time since 2014 is threatening to deal a double-blow to the world economy by further denting growth prospects and driving up inflation.

Source : https://www.straitstimes.com/business/economy/us100-oil-threatens-to-compound-world-economys-inflation-shock