Energy Prices

Energy markets continue to fluctuate during the fragile ceasefire period between the US and Iran. Livia Gallarati, Global Gas Head at Energy Aspects, told Bloomberg Television that it will take time for both oil and natural gas facilities to increase their production. Gallarati stated that new projects coming to the Strait of Hormuz are unlikely and that shipowners currently have no risk appetite. When asked whether prices would fall back to pre-war levels, the spokesperson indicated they did not believe this would happen. This situation suggests that energy prices could remain elevated for an extended period. These developments in energy markets continue to have significant impacts on the global economy and financial markets. Cryptocurrencies such as ETH are also affected by these economic fluctuations. When making investment decisions, it is important to consider developments in energy markets and their effects on the global economy. Not investment advice.