Latest / Energy Economics with Fexingo: Oil Prices, Renewables, and the Cost of Power
Why Oil Is Falling Despite the Iran Strike Escalation
Oil prices have dropped nearly 10 percent in the past week even as the U.S. and Iran exchange strikes in the Middle East. Lucas and Luna dig into the disconnect: Brent crude now at $87 a barrel, WTI futures at $82, and the market barely blinking. They explore the factors pushing prices down — weakening global demand, rising OPEC+ spare capacity, and the surprising lack of disruption at the Strait of Hormuz. Plus, the latest inflation data shows core CPI falling, which suggests the oil slide might actually help the Fed. What happens if the conflict widens? A sharp conversation about why this…
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