A this Monday (8) caused a immediate shock in the global energy market. THE Brent oil price jumped 5%approaching the barrier of US$ 100 o barrildriven by the fear that the military escalation disrupts the flow of hydrocarbons along vital routes e reach production infrastructures.
The market reacted with seizure after the Iranian Revolutionary Guard confirmed that hit a petrochemical complex in Haifain northern Israel. At the same time, investors monitor the risk of blockages in the Strait of Hormuz — essential passage under Iranian influence — and the threats from Houthi rebelswhich banned Israeli ships from sailing through the Red Seacompromising another strategic route.
The spike in prices occurs despite the public pressure exerted by the President of the United States, Donald Trump. “Israel and Iran must stop firing immediately,” Trump wrote on his social media site, Truth Social. The appeal, however, was ignored: Israel claimed new attacks on Iranian defense systems and petrochemical targets this Monday, in response to a missile salvo fired by Tehran on Sunday (7).
Impact on markets
In addition to the rise in oil prices, world stock exchanges registered sharp falls this Monday. THE political instability and the collapse of recent diplomatic attempts to stabilize the Middle East generated a wave of risk aversion.
The situation is aggravated by internal crisis in the countries involved. In Iran, the Rising inflation is already eroding the population’s purchasing power. “We gave up everything: first leisure, then shopping and now even meals,” personal trainer Elaheh, 32, told AFP.
Although Tehran has indicated that Pakistan-mediated consultations continue, the energy sector remains on high alert. Analysts warn that the continuation of the conflict could consolidate oil prices above three digits, putting pressure on global inflation and hampering mediation efforts led by powers such as the USA, China and the European Union.
