"This conflict, if proven to be more prolonged, has obvious potential to affect global energy prices, market sentiment, growth and inflation, and place new demands on the shoulders of policymakers everywhere," she said during a livestream of the ‘Asia in 2050’ conference in Bangkok.
"We are in a world of more frequent, more unexpected shocks and we have been warning our membership for quite some time that uncertainty is now the new normal," she was cited as saying by media reports.
She cautioned that “new shocks in different shapes and sizes” will keep coming.
The world is potentially in ‘a prolonged period of flux’ and energy security is ‘at stake’ for most of Asia, she added.
Fibre2Fashion News Desk (DS)