Dampener or source of growth?

THIS WEEK'S TOPIC: What's the biggest risk of a sustained surge in oil prices? How will your business be affected?

Mario Singh CEO Fullerton Markets

The biggest risk of a sustained surge in oil prices would be an economic recession due to rising inflation. However, this is unlikely to occur. Saudi Arabia's push to "weaponise oil" would simply turn its customers to other countries like Iran, Russia or the USA for additional supplies.