WS #15040
Diplomatic efforts between the US and Iran are ongoing but a deal before the midterm elections is considered unlikely, keeping geopolitical risk premiums elevated in oil markets. This tension is manifesting in real-world disruptions, including driver strikes in the Philippines over rising fuel costs and a gas tax suspension in Georgia, while polymarket data reflects heightened probability assessments for Bab el-Mandeb Strait closures. The EU safety group's call to reject Tesla FSD speed functions adds a regulatory overhang to the EV sector amidst this broader energy volatility.
Middle East Geopolitical Risk & Energy
Diplomatic efforts between the US and Iran are ongoing but a deal before the midterm elections is considered unlikely, keeping geopolitical risk premiums elevated in oil markets. This tension is manifesting in real-world disruptions, including driver strikes in the Philippines over rising fuel costs and a gas tax suspension in Georgia, while polymarket data reflects heightened probability assessments for Bab el-Mandeb Strait closures. The EU safety group's call to reject Tesla FSD speed functions adds a regulatory overhang to the EV sector amidst this broader energy volatility.