Global power shifts, policy, and conflict risk feeding directly into markets.
Markets no longer clear critical resources cleanly because states now control the refining chokepoints that shape inflation, industrial capacity, and defense readiness.
Brent crude futures rose 1.34% to $110.72 per barrel after President Trump issued a warning to Iran on Truth Social.
Goldman Sachs predicts the summit will focus on tariffs and semiconductor export controls rather than a broad reset of bilateral ties.
Donald Trump rejected Tehran's latest response to a U.S. proposal, stating that the potential ceasefire between the two nations is on massive life support.
The Strait of Hormuz remains closed for a third week as a double-blockade by the U.S. and Iran shifts the energy focus from price shocks to physical fuel shortages.
President Trump launched Project Freedom to extract neutral civilian cargo ships currently trapped in the Strait of Hormuz by the U.S.-Iran conflict.
Markets no longer clear energy and minerals cleanly, because states now control the bottlenecks that set inflation, industrial capacity, and defense readiness.
The U.S. hit 13.2 million barrels per day of crude output in 2024, but it remains dependent on imports for 15 vital commodities.
China controls most refining of lithium, cobalt, graphite and rare earths, giving Beijing leverage over battery metals and hardware supply chains.
Reuters counted 26 companies that withdrew or cut guidance as the Iran war pushed up fuel bills, tightened supply chains and slowed deliveries.
Trump's ceasefire deadline and Iran's leverage over the Strait of Hormuz are driving oil prices higher as the IMF warns of a possible global recession.
Germany’s economy ministry cut its 2026 growth forecast to 0.5% as higher oil and gas prices lifted inflation expectations.
