Oil prices have once again moved into the spotlight after a dramatic rally that pushed crude above $100 per barrel. The surge is one of the largest weekly moves in decades and comes amid rising geopolitical tensions and supply disruptions.
History shows that similar spikes in energy prices often had far-reaching consequences for inflation, central bank policy, and stock markets. Looking back at major oil shocks in 2008 and 2022 can help investors understand how energy markets reshape the broader financial landscape.

Global financial markets have entered the past few days in an environment of significantly heightened volatility. One of the main reasons for this is the sharp rise in oil prices, which in a very short period of time has fundamentally changed investors' expectations about inflation, interest rates and future economic growth. In fact, the price of Brent crude oil rose above USD 100 per barrel during the last trading hours, which represents one of the most psychologically…