A Complete Mess: Middle East Escalations And Diesel Out Of Control

Eugenio Catone 7.02K Followers Follow Summary The energy crisis is intensifying, with Brent crude above $105 and diesel at record highs due to escalating Middle East conflicts. Disruptions at the Strait of Hormuz and Bab al-Mandeb threaten global oil flows, pressuring Saudi exports and amplifying supply risks. The U.S. Strategic Petroleum Reserve is nearing critical lows, removing a key buffer against surging energy prices. Bond yields are rising sharply as markets price in higher inflation and rate hike risks, threatening eventual spillover to equities. Mantas Zilicius/iStock via Getty Images As I've stated multiple times over the last few months, the energy crisis is not over yet; quite the opposite. Brent crude is once again trading above $105 per barrel, and diesel prices have gotten totally out of control: we This article was written by Eugenio Catone 7.02K Followers Follow Passionate about geopolitics and macroeconomics, I express my opinion through my articles and enjoy engaging with all of you. I also write about companies that catch my attention, particularly those in my portfolio. For me, Seeking Alpha is a way to expand and share my knowledge. Graduate in business economics, CFA Level 1 and popular investor on eToro. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.