Economics Daily

Policy Makers Spring Into Action as Iran War Pushes Oil Above $100

Policy makers shifted from their weight-and-watch stance to action mode as oil shot above $100 a barrel.
An oil tanker at sea last month.Photographer: Eddie Seal/Bloomberg
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I’m Malcolm Scott, senior international economics editor in Sydney. Today we’re looking at what $100 oil means for Asia’s energy-hungry economies. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.

As the war in Iran enters its second week, policy makers shifted from their weight-and-watch stance to action mode as oil shot above $100 a barrel.