CryptoWorld News reports that Matthew Lynn, a financial columnist for The Daily Telegraph, stated that for the energy market, the U.S.-Israel military action against Iran was essentially a perfect storm, with experts initially racing to predict the most extreme oil price forecasts. However, the disaster did not occur. Oil prices did surge at one point, but based on actual prices, they did not even hit a new historical high. In 2008, oil prices reached $147 per barrel, equivalent to $224 today. Now, no one is expecting emergency measures to limit energy consumption, nor are they worried about interest rates soaring to 13% or unemployment rising sharply. From 1973 to 2026, this era, which can be called the "Long-term Oil Crisis," has come to an end. This will bring three profound impacts. First, the importance of the Middle East will significantly decline. Second, inflation will be contained. Over the next decade or even longer, the U.S. is likely to see prices remaining almost unchanged year-over-year. Third, and most importantly, the global economy will become more stable. As a commodity, oil's significance has been diminishing over the years. Of course, oil remains very important, but it will be difficult to dominate the headlines again. Its era has passed, and as a result, the world will become more stable.

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IOnlyTrustOn-ChainData.

· 1h ago

There are doubts about inflation being suppressed. During the energy transition period, the investment costs for metals and power grids may quietly shift the pressure into a different pocket.

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NeonVortexTunnel

· 3h ago

The shift in energy narratives is quite interesting. From the “peak oil” calls to where we are now, the market has actually become more stable. However, whether the Middle East’s weighting is declining depends on whether the pace of new-energy replacement can keep up.

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ReflectionsOnTheStreetAfterThe

· 3h ago

From 1973 to 2026, this time span is quite intense. But saying that oil no longer dominates the headlines? I bet next year, if geopolitical tensions tighten, oil prices will still top the trending searches.

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The dominant influence of oil on the global economy and geopolitics is becoming a thing of the past

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