As tensions flare in the Middle East, global oil markets are on edge. Here in Singapore, major players like Shell, Caltex, Esso and Sinopec have raised 95-octane prices to around $2.92 a litre.

Behind the spike? Growing fears that supplies could be disrupted through the Strait of Hormuz, one of the world’s most critical energy chokepoints.

But this isn’t just a story for motorists. Singapore depends heavily on imported energy, especially natural gas and LNG, to keep the lights on and businesses running.

So could higher oil prices feed into broader inflation pressures? And for drivers, should we brace for even more pain at the pump in the days ahead?

On The Big Story, Hongbin Jeong speaks to Song Seng Wun, economic advisor at the SDAX investment platform, to find out more. 

As tensions flare in the Middle East, global oil markets are on edge. Here in Singapore, major players like Shell, Caltex, Esso and Sinopec have raised 95-octane prices to around $2.92 a litre.
Behind the spike? Growing fears that supplies could be disrupted through the Strait of Hormuz, one of the world&rsquo;s most critical energy chokepoints.
But this isn&rsquo;t just a story for motorists. Singapore depends heavily on imported energy, especially natural gas and LNG, to keep the lights on and businesses running.
So could higher oil prices feed into broader inflation pressures? And for drivers, should we brace for even more pain at the pump in the days ahead?
On The Big Story, Hongbin Jeong speaks to Song Seng Wun, economic advisor at the SDAX investment platform, to find out more.&nbsp;

Your Way Home with Hongbin Jeong is your 4–8pm drive companion,

Your Way Home with Hongbin Jeong is your 4–8pm drive companion, guiding you through the day’s biggest headlines, trending conversations and the issues shaping Singapore and the world.

From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what’s happening — with clarity, context and a touch of personality.

Whether you’re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected — all the way home.

And she closes the day with a song that says it all.

Your Way Home with Hongbin Jeong is your 4&ndash;8pm drive companion, guiding you through the day&rsquo;s biggest headlines, trending conversations and the issues shaping Singapore and the world.
From news and current affairs to lifestyle insights and generational perspectives, the show helps you make sense of what&rsquo;s happening &mdash; with clarity, context and a touch of personality.
Whether you&rsquo;re catching up after a long day or tuning in on the move, Your Way Home keeps you informed, engaged and connected &mdash; all the way home.
And she closes the day with a song that says it all.