Asian Spectator


The Times

.

Oil price shocks have a long history, but today's situation may be the most complex ever

  • Written by Scott L. Montgomery, Lecturer, Jackson School of International Studies, University of Washington
Oil price shocks have a long history, but today's situation may be the most complex everGas prices at a Mobil gas station in West Hollywood, Calif., on March 8, 2022.AP Photo/Jae C. Hong

The world is in the grip of an oil price shock. In just a few months, prices have risen from US$65 a barrel to over $130, causing fuel costs to surge, inflationary pressure to rise and consumer tempers to flare. Even before Russia’s invasion of...

More Articles ...

  1. Ukraine war and anti-Russia sanctions on top of COVID-19 mean even worse trouble lies ahead for global supply chains
  2. Humanitarian corridors could help civilians safely leave Ukraine – but Russia has a history of not respecting these pathways
  3. The American founders could teach Putin a lesson: Provoking an unnecessary war is not how to prove your masculinity
  4. Organs from genetically engineered pigs may help shorten the transplant wait list
  5. Guns, not roses – here's the true story of penicillin’s first patient
  6. Why most teachers who say they plan to leave the profession probably won't do so anytime soon
  7. Endurance captain Frank Worsley, Shackleton's gifted navigator, knew how to stay the course
  8. Why stagflation is an economic nightmare – and could become a real headache for Biden and the Fed if it emerges in the US
  9. How a hurricane fueled wildfires in the Florida Panhandle
  10. Purim spiels: Skits and satire have brought merriment to an ancient Jewish holiday in America

Magazine

Why Emotional Battles Drain Your Wealth During Separation

Navigating a marriage ending is fundamentally a structural transition, not just an emotional event. When you approach separation with a clear roadmap, you protect your long term financial stability ...

How Long Does Botox Really Last? A Realistic Timeline

Someone might notice a line between their eyebrows getting deeper after a stressful week, or catch their forehead creasing in a video call in a way it did not before. It is a small observation, easy...

Compressed Air Pipe and Fittings: What Every Australian Industrial Facility Needs to Know

Compressed air is the fourth utility of modern industry, right alongside electricity, gas, and water. Yet despite its critical role in powering everything from pneumatic tools to automated productio...

hacklink hack forum hacklink film izle hacklink marsbahiscashnow.imweb.mejojobetjojobetjojobetcasinos not on gamstopcasino sites not on gamstopnon gamstop sitescasinos not on gamstopnon gamstop casinoszlibraryzlibraryzlibrarybetsmoveturkbetjustin tvjojobetjojobetjojobetPorno siteleriPadişahbetsafirbetjojobetdeneme bonnusu veren siteler