Geopolitics
Is Brent's Volatility Really a Geopolitics Symptom?
Brent crude breached $100 per barrel in early June, a level rarely seen since 2022, indicating that geopolitics drives its volatility (Brent Tops $100 As Middle East Risks Shake Energy Markets). The spike coincided with heightened tensions in the Gulf, prompting traders to reassess risk premiums. Geopolitics Drive Brent Volatility