Published: Jan 15, 2026, 10:36 IST | Updated: Jan 15, 2026, 10:36 IST
Global oil prices are swinging sharply as geopolitical tensions flare across key crude-producing regions, fuelling fears of a fresh oil price shock. Analysts warn the volatility could push up inflation, rattle financial markets and limit the scope for interest rate cuts, adding new pressure to the global economy.