#USIranMarketImpact The escalating tensions between the US and Iran are significantly impacting global markets, particularly oil prices. Brent crude has surged above $66, driven by fears of supply disruptions and geopolitical instability in the region. The International Energy Agency (IEA) has revised its 2026 oil demand growth forecast to 930,000 b/d, citing a weaker oversupply outlook ¹ ².
*Key Market Impacts:*
- _Oil Prices:_ Potential spike to $100 per barrel if the Strait of Hormuz is closed, disrupting 25% of global oil shipments
- _Inflation:_ Possible 1.3% rise in headline inflation and 0.3