Global Market | S&P warns oil spike from Middle East war could test global credit stability

Global Market | S&P warns oil spike from Middle East war could test global credit stability

S&P Global Ratings said it will avoid immediate sovereign downgrades despite the escalating Middle East conflict, but warned that higher oil and gas prices could strain vulnerable economies. Energy-import-dependent Asian countries and debt-laden South Asian n…

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Global Market | S&P warns oil spike from Middle East war could test global credit stability - FHMnews