Everything on Energy Markets

Oil prices stabilized near $120/barrel driven by persistent supply risks from the Iran-Israel conflict and potential Strait of Hormuz disruptions. Despite political rhetoric, market pricing reflects sustained supply constraints and elevated geopolitical premiums.

Impact: Sustained high oil prices will maintain inflationary pressure, increase energy costs for corporations, and potentially delay ECB rate cuts or necessitate higher-for-longer rates.

— from Q1 Market Review: Oil Spikes, Growth Slumps, and Healthcare Reform Risks · Deffner und Zschäpitz – Der Wirtschafts-Talk von WELT· Mar 31, 2026