After the escalation of tensions between the US and Israel around Iran, prices in world markets are rising rapidly. Experts attribute this situation to geopolitical instability and disruptions in supply chains.
According to the data, the price of EU natural gas has increased by 85%. Fuel prices also rose by 80%, and crude Brent crude oil by 54%.
Changes in the energy market are not limited to this. WTI crude oil rose by 46%, gasoline by 44%, and diesel fuel by 42%. This has a serious impact on the transport and industrial sectors.
In addition, there is growth in the production of chemical and agricultural products. The price of urea increased by 48%, sulfur by 25%, and fertilizers by 23%. This creates additional pressure for farmers and the food production system.
Changes were also noted in the metal and food markets. Coal became more expensive by 24%, palm oil by 13%, and iron ore and rice by up to 7%. The price of U.S. natural gas also increased by 8%.
Experts believe that if the tension in the region continues, this could lead to further price increases and negatively impact the global economy. The current situation is exacerbating uncertainty and anxiety in global markets.
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