Oil Shock Keeps Inflation Fears Alive Amid U.S.-Iran Tensions
Inflation fears resurface as U.S.-Iran tensions push oil prices higher; BlackRock estimates the conflict could add around 0.8 percentage points to global headline inflation, with Europe and energy-import-heavy regions most exposed. Analysts say the Fed’s hawkish stance may persist until energy markets ease, prompting calls for portfolio diversification amid higher oil prices and ongoing inflation pressures.