Global equity markets stay resilient despite Brent crude surge

5 articles · Updated · Reuters · Apr 30

Brent has climbed about 70% to above $120 a barrel since the Iran war began on 28 February, even after disruption to roughly 12 million barrels a day and the Strait of Hormuz closure.
Adjusted for inflation and oil use relative to GDP, today’s shock is far less severe than 1973, with estimates suggesting a 50% oil-price jump now trims U.S. GDP by 0.2%, versus 1.0% then.
Analysts say lower oil intensity, U.S. shale-driven energy self-sufficiency and solid pre-war economic fundamentals have cushioned markets, though prices nearer $200 could still raise recession risks and hit equities.

Has the shale boom truly made the U.S. economy immune to global oil shocks?

Why are stock markets hitting records while consumers face soaring energy costs?

What is the breaking point for markets if oil surges past the $200 mark?

Will this energy crisis permanently widen the economic gap between the U.S. and its allies?

Is the current AI boom masking the true economic risk of the Iran war?

How will U.S. energy independence reshape its long-term strategy in the Middle East?