Oil price surge to impact key Asian sectors, says Morgan Stanley
pre-market1 source ↓written by the desknot a recommendation
- burden above
- 10-year average
The rise in global crude oil prices due to the West Asia conflict may disrupt various sectors across Asia, including India. Morgan Stanley warns that sustained high prices could elevate Asia's oil burden above its 10-year average. Economies like India, Thailand, Korea, and Taiwan are particularly vulnerable to potential supply disruptions, especially in LNG and fertilizers. ⚡
• Supply disruptions may affect production and exports.
• Fertilizers and propane sectors could see significant impacts.
Traders should monitor these developments closely as they may influence market sentiment.
Not investment advice. For informational purposes only.