Historically, geopolitical tensions in the Middle East have resulted in significant rises in oil prices, as fear of conflict disrupts supply chain stability in the region.
Despite ongoing conflicts, such as Israel's actions in Gaza and Lebanon, oil prices have not seen the expected increase, raising questions about market stability amid supply cuts.
The possibility of an expanded Middle East conflict, especially involving Iran and Israel, threatens a dramatic spike in oil prices, which could trigger renewed inflation worries globally.
Countries are increasingly challenging China's electric car exports, indicating a shift in global trade dynamics that could influence energy markets and economic relations.
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