Rising tensions involving Iran have pushed oil prices higher, renewing concerns about global growth and inflation. For Singapore, a small and energy importing economy, the impact could ripple from consumer prices to trade, shipping and financial markets. As the Government signals it may reassess GDP forecasts if the conflict persists, how exposed is Singapore really and where are the key pressure points. Selena Ling, Chief Economist, OCBC Bank unpacks the risks to growth, sector vulnerabilities and the policy response ahead.
Produced/Presented: Ryan Huang
Image: tetracarbon from Pixabay

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