CLUSDT Oil prices have broken $100—what does this mean for us? Brent is hovering around $113, and the global stagflation alarm is blaring—inflation is skyrocketing, while growth is being pushed down hard. Europe and emerging markets are the first to feel the strain, with recession risks shooting straight up. Here in China, it hurts, but it’s not fatal: gas, diesel, freight, and chemicals are all seeing price hikes, CPI might rise by about 0.3-0.6 points, and everyday folks will feel it with pricier gas, groceries, and takeout. Mid-to-downstream businesses are getting their profits squeezed. But with solid reserves, diverse import channels, and strong support from EVs and solar/wind power, we’re the toughest among the three major consumer nations. We won’t collapse easily.