Oil prices plunged 15% this week, hitting a six-month low as heightened conflicts in the Middle East and disrupted supply chains spark market恐慌.
Analysts warn the drop reflects fears of prolonged instability. This crash signals a fragile global economy, stated Goldman Sachs strategist Mara Li.
The Ukraine-Russia gas standoff and Red Sea shipping delays are key destabilizing factors.
Key impacts include:
- U.S. gasoline prices dipping below $3/gallon
- OPEC+ emergency meetings rumored for June
- Renewed focus on renewable energy stock surges
With inventories at 2020 levels, experts predict volatile trading ahead. Longer-term, the energy sector may accelerate green transitions to hedge against geopolitical risks.
