Oil Swings Threaten Global Trade
Oil price volatility, fueled by Middle East conflicts, will significantly reduce global merchandise trade growth by late next year.
Oil price volatility, fueled by Middle East conflicts, will significantly reduce global merchandise trade growth by late next year.
Global equities fell on April 20, 2026 as the VIX jumped to 19.10 and crude oil surged to $89.08, while Europe slid and Asia rose.
Global markets swung in late March and early April 2026 as Middle East developments moved oil, equities, and volatility; April 1 saw a rebound.
Gulf tensions between the US and Iran lifted oil volatility, strengthened the dollar, and pushed yields higher as markets repriced rate expectations.
The VIX declined to 26.31 on March 16, 2026, a 3.24% drop, even as U.S. stock indices fell, amidst global market fluctuations.
PayPay's U.S. IPO priced at $16 per share, raising $880 million and valuing the company at $10.7 billion amid market volatility.
Conflicting US statements on military actions in the Strait of Hormuz caused energy market volatility, prompting concerns over trade security.