Is Asia resilient enough to absorb rising oil prices?

Oil demand continues to grow in China and India, but the recent rise in oil prices has raised two key questions: To what extent can Asia absorb the impact of rising oil prices? And can governments continue to pass on the costs to consumers?

In this video, Senior Editor Sambit Mohanty examines how the region is facing the challenge of rising crude oil prices and how some governments are trying to address it, particularly after the US revealed its plan to leave the Iran agreement, which could in turn lead to a drop in supply.

Read about S&P Global Platts cross-commodity analytics services here