Asia Drop-In: What would $150 oil mean for Asian economies and markets?

The risk of a substantial rise in oil prices increases with every day that the Strait of Hormuz remains closed. For Asia’s energy-exposed economies, this presents a growing challenge as inflation rises, currencies weaken and external positions come under increasing strain.

Join our economists at 09:00 BST/16:00 SGT on Thursday 28 May, for a 30-minute online drop-in briefing examining how Asian economies are managing current pressures and, as global oil reserves dwindle, how prepared they are for a potential further surge in prices towards record levels. The team will also answer your questions and discuss key issues, including:

• Where the economic pain is being felt most acutely as oil prices rise;
• The impact of the energy shock on Asia’s monetary policy outlook;
• Whether much higher prices could trigger balance of payments crises in parts of Asia.

Note: If you are unable to attend the live session, registering will ensure you are sent a recording.