Oil prices in the driving seat as energy shock upends global markets
Investors are picking winners and losers based on economies’ exposure to inflationary surge
Related reading
European stocks and government bonds fall as oil price climbs
Energy shock intensifies fears that global economy faces prolonged period of higher inflation
Oil price shocks create many losers, but some winners too
Offsetting the higher prices, energy companies have to contend with disruption where they have people and assets
How the oil shock might spread
Measures undertaken by vulnerable economies may be only the start of things to come
Oil market one month from crunch point as global stockpiles dwindle
Traders warn of further jump in prices and ‘huge pain’ as economies cut consumption
Why this oil shock is different
Governments and central banks are out of policy ammunition to contain the economic fallout
Echoes of history: what the oil shock means for your money
As central bankers tread the line between controlling inflation and avoiding economic stagnation, investors face tough decisions