Oil Prices

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A global oil shock doesn’t just affect energy markets—it reshapes how the world eats, travels, and lives.
The escalating Iran–Israel conflict is rapidly becoming a major driver of global markets. As oil supply risks around the Strait of Hormuz increase, investors are positioning around what traders call the “Iran War Trade.” From energy prices and safe-haven assets to global trade and inflation expectations, the geopolitical shock is reshaping the financial landscape.