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Liquefied natural gas (LNG) took an even harder hit. Oil prices surged more than 50% but LNG soared as much as 143%—a three-year high. Photo warrenski
ASIA

The impact of the US/Israel–Iran crisis on Asia

The LNG shock was underestimated. The foreign exchange and inflation feedback loop has proved more challenging than anticipated

  • Dan Steinbock
6 min read