Global Supply Chains Braced as Oil Surges Past $80 Amid Geopolitical Strife
A sharp escalation in Middle East conflict has propelled crude oil prices above the $80-per-barrel threshold, triggering a sell-off across major global indices including the Nikkei and Nifty. For supply chain leaders, this surge signals a renewed period of inflationary pressure on logistics costs and potential disruptions to energy-intensive manufacturing.