Unstoppable price?

Since the beginning of the year, various commodities, from non-ferrous metals to crude oil, have experienced price increases in succession. The reasons behind this are the more complex than expected situation in the Middle East and the burgeoning AI represented by “lobster.” Although these two types of momentum seem unrelated, they both point to an increase in inflation expectations. Is this just a short-term shock, or a long-term trend?

Can oil prices be stopped?

Historically, it can be seen that when the United States faces geopolitical wars in an election year, high oil prices inevitably increase public dissatisfaction, which in turn prompts the government to reverse oil prices before the midterm elections. Given Trump’s rapidly declining approval ratings and the strong time constraints posed by the “World Cup” in June and the 250th anniversary of America’s founding in July, this may urge him to take action more quickly.

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