WS #15520
Geopolitical tensions have escalated to a critical point, with reports of US military preparations for potential strikes on Iran and ongoing Ukrainian drone campaigns against Russian oil infrastructure. This has caused Brent crude to spike above $104, triggering a massive risk-off reaction across global equity markets. The supply shock is driving immediate inflation fears and forcing a repricing of energy-intensive sectors.
Oil Shock and Middle East Escalation
Geopolitical tensions have escalated to a critical point, with reports of US military preparations for potential strikes on Iran and ongoing Ukrainian drone campaigns against Russian oil infrastructure. This has caused Brent crude to spike above $104, triggering a massive risk-off reaction across global equity markets. The supply shock is driving immediate inflation fears and forcing a repricing of energy-intensive sectors.