WS #16601
Geopolitical tensions have escalated sharply with reports of US strikes on Iran and Ukrainian attacks on Russian oil refineries, pushing Brent crude above $117. This supply-side shock is driving an energy rally while simultaneously fueling inflation fears, as US inflation accelerated to 3.7% and gas prices jump. The market is repricing energy assets higher while punishing consumption-heavy sectors.
Geopolitical Energy Shock
Geopolitical tensions have escalated sharply with reports of US strikes on Iran and Ukrainian attacks on Russian oil refineries, pushing Brent crude above $117. This supply-side shock is driving an energy rally while simultaneously fueling inflation fears, as US inflation accelerated to 3.7% and gas prices jump. The market is repricing energy assets higher while punishing consumption-heavy sectors.