Financial markets see Brent crude rise as US-Iran talks stall and central banks meet
Updated
Updated · CaixaBank Research · Apr 28
Financial markets see Brent crude rise as US-Iran talks stall and central banks meet
7 articles · Updated · CaixaBank Research · Apr 28
Brent crude oil climbs nearly 3% to around $108 per barrel, with shipments through the Strait of Hormuz constrained and a US blockade of Iranian ports ongoing.
Investors remain cautious ahead of major central bank meetings, focusing on potential policy responses to the recent energy shock and its effects on inflation and growth.
European TTF gas trades near €45/MWh, sovereign bond yields edge higher, and global equities are mixed, with Asia gaining, most euro area indices lower, and US markets posting small advances.
Why does J.P. Morgan predict a major oil price collapse despite the ongoing Middle East supply shock?
How will developing nations cope with the dual shock of soaring energy import bills and slowing global trade?
Can the global economy withstand a six-month closure of the Strait of Hormuz, as the Pentagon warns is possible?
Could this energy crisis be the unexpected catalyst that accelerates the global transition to clean energy sources?
Are central banks underestimating the risk of a 1970s-style stagflation crisis by choosing to hold interest rates steady?
With peace talks stalled and Russia backing Iran, what diplomatic off-ramp can prevent a wider regional war?