Crude oil's recent surge near $100 a barrel raises inflation worries, prompting central banks globally to assess potential impacts on interest-rate policies.

Oil prices surge, causing a global bond sell-off amid inflation fears. Crude oil reaching a new all-time high by December 31 at 16.5% YES.

Brent crude nears $100 amid West Asia tensions, with analysts warning of higher inflation, a wider current account deficit and slower GDP growth for India.