🛡️ Wars & Conflicts: Conflict Commodities Prices

Oil prices surged to $88.45 per barrel on Friday, driven by escalating tensions in the Middle East and new reports of Iranian-backed militias targeting shipping lanes. The spike has pushed the WTI benchmark above the $85 level for the first time since March, amplifying global supply concerns. For crypto markets, higher energy costs translate into increased transaction fees on proof‑of‑work chains, potentially dampening mining profitability and tightening liquidity. Investors seeking safe havens have shifted capital into Bitcoin and Ethereum, with on‑chain inflows reaching a 12‑month high of 1.8 million BTC, as risk‑off sentiment intensifies. The World Bank’s analysis highlights that oil shocks can reshape conflict dynamics by inflating military budgets and straining regional economies, thereby elevating geopolitical risk premiums. Regulatory bodies are likely to tighten oversight on crypto‑related energy consumption, while central banks may adopt hawkish stances to curb inflationary pressures.