There could be more pain to endure from rising oil prices
A higher oil price can be viewed as a tax on economic growth. For all the talk of a transition away from fossil fuels, oil is still key to powering the global economy and prices above $100 per barrel push up the costs for everyone, from the humble motorist at the pump to the largest global business.
There has been a bit of a respite on this front lately, even if Brent, the global benchmark for ...