Geopolitical tensions in the Middle East—particularly involving the United States and Iran—remain a key driver of global energy markets, although the acute stress phase has eased.
Key Developments:
- Oil stabilizing near $100/bbl after recent spikes
- Strategic routes such as the Strait of Hormuz remain under close surveillance
- الأسواق بدأت تسعر risk premium بشكل أكثر هدوءًا
Market Implication:
- Energy is no longer in a shock phase, but still a macro risk
Elevated oil supports persistent inflation globally