The Oil Shock No One Wants to Talk About When geopolitical conflict erupts in the Middle East, most people immediately think about military escalation. But seasoned observers know the real tremor hits somewhere else first. Energy markets. Oil prices are the pressure valve of the global economy. When supply looks threatened—even briefly—prices spike. That spike doesn’t stay contained in the energy sector. It spreads outward like a shockwave through the entire economic system. Transportation costs climb. Manufacturing costs rise. Food prices creep upward. Household budgets tighten. And suddenly, central bankers are staring at a new problem they didn’t create but are expected to solve. War Has a Way of Rewriting Economic Plans Overnight The latest geopolitical tensions involving Iran have…
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