SINGAPORE – The energy shock from the Iran war will cascade down the Singapore economy in direct and indirect ways – with businesses in construction, real estate and food & beverage (F&B) among those also likely to face higher costs, on top of transport operators. The bunkering industry, which underpins Singapore as the world’s biggest refuelling port, is already feeling the impact, according to the Republic’s central bank on April 14. The labour market may also suffer some fallout from a prolonged energy disruption in terms of slower hiring and pay growth, along with the wider risks of higher inflation and weaker growth, according to the Monetary Authority of Singapore (MAS) in its latest macroeconomic review. The report came after MAS tightened its monetary policy stance for the first time since 2022 to allow for a stronger currency in the face of soaring oil and natural gas prices. It also raised its all-items and core inflation forecasts for 2026 to an average of 1.5 per cent to 2.5 per cent, up from an earlier projection of 1 per cent to 2 per cent.   https://www.straitstimes.com/business/economy/energy-shock-from-iran-war-to-hit-spore-sectors-like-property-and-fb-bunkering-already-affected?ref=singapore (ICE SINGAPORE)

Fonte notizia: The Straits Times, 14 April 2026