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oil-shock

2 stories related to this topic, newest first.

Iran War Triggers Plastic Shortage in Asia, Affecting Industries and Supply ChainsCEphoto, Uwe Aranas / Wikimedia (CC BY-SA 3.0)
finance3 hrs agoDeveloping

Iran War Triggers Plastic Shortage in Asia, Affecting Industries and Supply Chains

The ongoing Iran war has disrupted oil supplies, leading to shortages of plastics in Asia. This affects products like medical equipment and food packaging, with prices rising significantly. Experts suggest companies may diversify supply sources to mitigate risks.

Fortune
1 source
Thailand Reshuffles State Spending to Cushion Oil Shock Impact While Keeping Deficit TargetSubstrate placeholder — needs review · Wikimedia Commons (CC BY-SA 3.0)
world14 days agoDeveloping

Thailand Reshuffles State Spending to Cushion Oil Shock Impact While Keeping Deficit Target

Thailand is adjusting its state spending to mitigate the effects of an oil shock. The move maintains the existing deficit target. The reshuffle aims to provide economic cushioning without altering fiscal goals.

BU
1 source