'What happens in Asia doesn't stay in Asia': Raghuram Rajan warns Hormuz shock will hurt US

About 15 to 20% of the world's energy sources are shut in. You have to have tremendous demand destruction to make that possible, which means oil prices will be in the $150 $200 a barrel range, warns Rajan

'What happens in Asia doesn't stay in Asia': Raghuram Rajan warns Hormuz shock will hurt US
About 15 to 20% of the world's energy sources are shut in. You have to have tremendous demand destruction to make that possible, which means oil prices will be in the $150 $200 a barrel range, warns Rajan

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