Middle East conflict impact to persist; Singapore must brace for escalation: PM Wong #CNA

Middle East conflict impact to persist; Singapore must brace for escalation: PM Wong
Singapore must be prepared for further escalation of the Middle East conflict in the coming days and weeks, said Prime Minister Lawrence Wong on Thursday (Apr 2) in a video message.

Mr Wong noted that the effects are already being felt, with oil prices up more than 60 per cent since the war began and supply chains under strain.

Mr Wong warned that even if a ceasefire is achieved, the impact will persist as damaged energy infrastructure takes months to recover, keeping prices elevated. #singapore #sgnews #usiranwar

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