Explaining Why Hawkers Are Raising Prices Due to the Middle East Crisis (opens in new tab)
Business Enquiries: The Blue Cats' Instagram: -------- On 28 Feb 2026, the United States and Israel launched coordinated airstrikes on Iran\. Iran retaliated by striking energy sites in the region and blocking the Strait of Hormuz, the narrow waterway that carries much of the world's oil\. A ceasefire has since been announced, but the strait is still not fully open, and damaged energy infrastructure could take months to restore\. Food prices in Singapore did not spike right after the war br...
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