Institutions: Credit ratings of oil-importing countries are at risk of downgrade
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```htmlGolden Ten Data reported on April 10 that Chris Iggo, an analyst at AXA Investment Managers, stated in a report that due to tight energy supplies and high prices, the credit ratings of major oil-importing countries face the risk of being downgraded. Since the outbreak of the Middle East war, oil prices have remained high due to supply disruptions caused by the closure of the key oil shipping route, the Strait of Hormuz. Investors are awaiting the outcome of talks between the US and Iran this weekend on the possibility of a permanent resolution to the conflict.```
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