Oil prices surge, Moody's warns they will remain high and increase inflationary pressure

MaticHoleFiller · 2026-04-04T15:09:21+00:00

Recent Iran ceasefire remarks failed to attract market attention, and oil prices surged above $110. Moody's warned that high oil prices could lead to increased inflationary pressures, keeping prices elevated.

MaticHoleFiller

2026-04-04 15:09:21

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Because the market is not taking into account recent comments about a ceasefire in Iran, oil prices have jumped to above $110; Moody’s warned that the shock caused by this oil-price surge may keep prices elevated and put pressure on inflation.

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