Trendlines: Electrification and the conflict effect
05 June 2026
Since the beginning of hostilities in Iran in early March, the price of a barrel of Brent Crude oil has risen from the pre-conflict range of US$70-75 up to US$120 before settling, at the time of writing, to around the US$110 mark, roughly a 50% increase.
This is already being…
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