John Lee Warns of Oil Price Volatility from Middle East War
John Lee says Hong Kong faces energy risks due to the war on Iran. The government is monitoring prices as local airlines suspend flights to the Middle East.
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The Chief Executive of Hong Kong, John Lee, has expressed concern regarding potential oil price shocks and market volatility resulting from the conflict involving the United States, Israel, and Iran. Speaking at a press conference on Tuesday, Lee noted that the financial hub and the broader Asian region face risks of supply chain disruptions and rising energy costs.
