Oil Extends Surge Above $115 As Iran War Enters Second Month

Oil prices topped $115 per barrel as the Middle East war entered its fifth week with no sign of easing. Continued geopolitical disruption is exerting upward pressure on energy markets, heightening inflationary risks and market volatility for portfolios exposed to commodities, energy, and interest-rate-sensitive assets.

Analysis

Oil prices topped $115 per barrel as the Middle East war entered its fifth week with no sign of easing. Continued geopolitical disruption is exerting upward pressure on energy markets, heightening inflationary risks and market volatility for portfolios exposed to commodities, energy, and interest-rate-sensitive assets.