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Crude oil price rise to have knock-on effects in Asia: Report
short by / on Sunday, 15 March, 2026
Morgan Stanley report warns rising crude oil prices due to West Asia tensions could impact Asia, including India. Key sectors like agriculture, petrochemicals, and manufacturing may face supply disruptions. Countries such as India, Korea, and Thailand are already seeing LNG and LPG shortages, with governments imposing rationing, price caps, and other measures.
read more at Asianet Newsable