SPECIAL REPORT | GLOBAL ECONOMY The Domino Impact of $110 Oil: A New Energy Shock for the Global Economy
Strategic Perspective by TENGKU NOOR SHAMSIAH TENGKU ABDULLAH March 9, 2026 KUALA LUMPUR, The resurgence of oil above US$100 per barrel, triggered by escalating tensions between Iran and Israel, is not merely a geopolitical headline — it represents a macroeconomic inflection point. Energy remains the most powerful transmission channel in the global economic system. When…