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Event Brief

$100 Oil Shock Strains Asia's Governments

The rising oil prices due to Middle East conflict may trigger inflation in Asia.
WHO: Asia’s governments
WHAT: Budget stretching to manage rising oil prices
WHEN: Mar 9, 2026 at 4:06 AM ET
WHERE: Asia
WHY: Deepening conflict in the Middle East pushing oil prices past $100
Sources (1): Bloomberg

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