AI News about energy volatility

Oil markets are second most uncertain on record, economist tells Alaska legislators

Oil Markets Hit Record Uncertainty Amid U.S.-Israel Iran Conflict Oil markets are experiencing their second-highest uncertainty levels on record, according to an economist briefing Alaska legislators. The U.S.-Israeli conflict with Iran has created more volatility than during the 2008 Great Recession. Energy markets face significant instability as geopolitical tensions escalate in the Middle East region.