A worker checks the valve of an oil pipe the West Siberian city of Kogalym, Russia. Photo: Reuters
A worker checks the valve of an oil pipe the West Siberian city of Kogalym, Russia. Photo: Reuters
Ukraine

Ukraine crisis: How oil’s historic surge is impacting Asia’s stock markets

  • Prolonged high prices exposes the vulnerability of energy-dependent countries
  • Australia and Indonesia are among the beneficiaries as their markets are holding up amid the downturn since Russia invaded Ukraine

A worker checks the valve of an oil pipe the West Siberian city of Kogalym, Russia. Photo: Reuters
A worker checks the valve of an oil pipe the West Siberian city of Kogalym, Russia. Photo: Reuters
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