Business and finance news from the Asia-Pacific.

Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower. Brent climbed 18% to around $109 a barrel, adding to last week's 28% surge. Traders are braced for further upheaval with the Iran conflict entering a second week, major producers curbing output and traffic through the crucial Strait of Hormuz effectively halted. For more on how this affects the markets, we spoke to Paul Dobson, Executive Editor for Asia Markets.

Plus - what does the oil surge mean for the economies in the Asia Pacific? We heard from Qian Wang, Vanguard Group Chief APAC Economist. She spoke to Bloomberg TV hosts, Haidi Stroud-Watts and Avril Hong. 

Business and finance news from the Asia-Pacific.
Crude oil surged above $100 a barrel for the first time since 2022 due to escalating hostilities in the Middle East and worsening strains on oil shipping, sending stocks and Treasuries lower. Brent climbed 18% to around $109 a barrel, adding to last week's 28% surge. Traders are braced for further upheaval with the Iran conflict entering a second week, major producers curbing output and traffic through the crucial Strait of Hormuz effectively halted. For more on how this affects the markets, we spoke to Paul Dobson, Executive Editor for Asia Markets.
Plus - what does the oil surge mean for the economies in the Asia Pacific? We heard from Qian Wang, Vanguard Group Chief APAC Economist. She spoke to Bloomberg TV hosts, Haidi Stroud-Watts and Avril Hong.&nbsp;

Listen for business and finance news centered in the Asia-Pacific region. 

Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Listen for business and finance news centered in the Asia-Pacific region. Host Doug Krizner brings you insight and analysis on the day's top stories from China, India, Japan, Korea, Hong Kong, Singapore, Australia and more.

Join Bloomberg Daybreak Asia for business and finance news centered in the Asia-Pacific region, along with insight and analysis on the day's top stories in global markets.

Bloomberg Daybreak: Asia Edition

Markets Hit as Oil Tops $100

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