
Market Update: Escalation in the Middle East
Rising tensions in the Middle East can threaten global energy supply. Conflicts in the region often involve key oil producers or infrastructure like refineries, pipelines, and shipping lanes. Disruptions can lead to short-term spikes in oil prices, and in past decades, prolonged events were sometimes enough to spark broader economic slowdowns. But today, the global economy, especially the U.S. economy, is more resilient.