Summary Geopolitics Oil prices are shaped as much by geopolitical developments as by supply and demand fundamentals. Over the past two decades, wars, sanctions, economic crises, and pandemics have repeatedly triggered major price fluctuations, reinforcing the idea that energy markets are deeply intertwined with global politics. Key Takeaways Oil prices are highly volatile because geopolitical … Continue reading Oil Prices & Geopolitics: Understanding Global Energy Volatility in 2026