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Energy Crisis Shock Hits Credit Ratings and Equity Markets Across Emerging Economies
The Middle East conflict has triggered an energy crisis, impacting credit ratings and equity markets in emerging economies. Rising oil prices are causing inflation and financial strain, reversing rece [67] url asal
#energy-crisis #credit-ratings #equity-markets #emerging-economies #middle-east-conflict #credit-rating-downgrades #equity-market-pressure #inflationary-pressures #financial-conditions #crude-prices
(Bisnis.Com - Terbaru) 01/01/70 07:00
v/177219/
Bisnis.com, JAKARTA — Escalating conflict in the Middle East threatens to halt a wave of credit rating upgrades across emerging markets, raising the specter of a renewed downgrade cycle. Equity markets have likewise come under sustained pressure, wiping out year-to-date gains.
Ravi Bhatia, Director at S&P Global Ratings, attributed the risk to mounting inflationary pressures and tightening financial conditions driven by elevated fuel prices.
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