\n
Stock Chart Icon<\/title>Stock chart icon<\/p>\n<div class=\"Collapsible-proLivePlayerCloseOrExpand\"><\/div>\n<\/div>\n<p>U.S. oil prices since the start of the year<\/p>\n<\/div>\n<div class=\"group\">\n<p>Goldman Sachs now expects oil prices to stay higher for longer, raising its Brent forecast to $90 a barrel by late 2026 from $80 previously, as disruptions in the Persian Gulf prove more persistent than earlier assumed.\u00a0<\/p>\n<p>The bank wrote in a note published Monday that delayed normalization in Gulf exports, now expected only by end-June, alongside a slower production recovery is tightening supply sharply, with global inventories estimated to be drawing at a record pace of 11 million barrels per day to 12 mbd in April.\u00a0<\/p>\n<p>The bank’s view is echoed by other market watchers. “I’d argue the fat tail is still ahead of us, not behind,” said Billy Leung, investment strategist at Global X ETFs. Fat tail refers to probability of extreme events.<\/p>\n<p>Even if flows via Hormuz eventually resume, the lag in restoring supply, combined with depleted inventories, suggests sustained tightness. Global investment management firm Invesco estimates that $80 per barrel is likely a floor for Brent this year absent a full normalization of flows.<\/p>\n<p>Experts warned that the longer the strait remains disrupted, the more acute the economic impact becomes, with rising prices eventually forcing demand destruction, particularly in energy-importing regions.<\/p>\n<h3 class=\"ArticleBody-smallSubtitle\"><strong>Stocks: resilient for now<\/strong><\/h3>\n<p>Equities have so far shown surprising resilience, with <a href=\"https:\/\/www.cnbc.com\/2026\/04\/21\/global-stocks-iran-conflict-ai-rally.html\">global markets having recouped losses sustained i<\/a>n the initial outbreak of the war, hovering near record highs despite the ongoing energy shock.<\/p>\n<p>Analysts say that this reflects a tug-of-war between geopolitical risks and strong structural drivers, particularly artificial intelligence.<\/p>\n<p>“Equities are essentially balancing two opposing forces: geopolitical left tails on one side, the AI commercialization right tail on the other, and right now the right tail is winning convincingly,” said Leung.<\/p>\n<p>Still, some caution that the sentiment is becoming stretched.<\/p>\n<p>“The primary trend is up and I’d respect that, but I wouldn’t be chasing here either. Sentiment is hot, positioning is crowded, and elevated readings have historically preceded softer forward returns,” Leung said.<\/p>\n<p>Others see volatility as a buying opportunity. Rajat Bhattacharya, senior investment strategist at Standard Chartered, said near-term market swings are likely but expect a deal within weeks that could restore flows.<\/p>\n<p>“Any near-term volatility presents investors with an opportunity to add to risk assets within a diversified allocation,” he said.<\/p>\n<p>Historical precedent also suggests markets can recover quickly from supply shocks. Ed Yardeni, economist and president at Yardeni Research, noted that oil prices doubled and stocks fell during the 1956 Suez crisis but later rebounded to new highs once the canal reopened.<\/p>\n<p>Asia-Pacific stock gained on Monday, with Japan’s <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-10\"><a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\">Nikkei 225<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> and South Korea’s <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-11\"><a href=\"https:\/\/www.cnbc.com\/quotes\/.KS11\/\">Kospi<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> notching new record highs while U.S. stock futures were largely stable, suggesting limited spillover from the weekend’s developments. <\/p>\n<p>Government bond markets were stable with the <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"RegularArticle-QuoteInBody-12\"><a href=\"https:\/\/www.cnbc.com\/quotes\/US10Y\/\">10-year yield<\/a><span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\" \/><\/button><\/span><\/span><\/span> on U.S. Treasurys up 1 basis point at 4.322%. while yield on same duration Japan government bonds was over 2 basis points higher at 2.463%.<\/p>\n<h3 class=\"ArticleBody-smallSubtitle\"><strong>Commodities, food and second-order effects<\/strong><\/h3>\n<p>Beyond oil, the broader commodity complex is beginning to reflect deeper and more persistent disruptions: particularly in natural gas and food supply chains.<\/p>\n<p>“LNG is the under-discussed leg here,” said Leung. “European benchmarks are running about a third above pre-war levels with roughly a fifth of global LNG supply choked off.”<\/p>\n<p>Higher gas prices feed directly into fertilizer production and agricultural costs, raising the risk of a delayed but sustained increase in food prices.<\/p>\n<p>“The food chain pressure builds with a lag, so the headline CPI prints from this won’t show up immediately,” he added. “Agricultural inputs and shipping insurance are where I’d watch the second-order effects develop over the next quarter.”<\/p>\n<p>Invesco also flagged that disruptions extend beyond oil, affecting goods such as helium, aluminum and sulphur.<\/p>\n<p>That broadens the inflationary impact across industrial supply chains, potentially complicating policy responses even as central banks remain inclined to look through the shock for now, Invesco’s global head of research Benjamin Jones wrote in a note on Monday.<\/p>\n<p>As Leung put it: “The bull market is intact \u2026 but the tape is balancing genuine technological upside against an energy shock that hasn’t fully played out.”<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"RegularArticle-GooglePreferredSource-5\"><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/04\/27\/us-iran-peace-talks-stall-global-markets-stocks-oil-treasurys.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 16, 2026. Jeenah Moon | Reuters Global markets are entering the week balancing resilient risk appetite against renewed geopolitical strain as prospects of U.S.-Iran negotiations took a hit over the weekend. U.S. President Donald Trump scrapped … <a title=\"U.S.-Iran peace talks stall. What’s next for global markets\" class=\"read-more\" href=\"https:\/\/www.jubi24.com\/?p=28835\" aria-label=\"Read more about U.S.-Iran peace talks stall. What’s next for global markets\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":28836,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-28835","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/www.jubi24.com\/wp-content\/uploads\/2026\/04\/US-Iran-peace-talks-stall-Whats-next-for-global-markets.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/28835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28835"}],"version-history":[{"count":1,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/28835\/revisions"}],"predecessor-version":[{"id":28837,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/posts\/28835\/revisions\/28837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=\/wp\/v2\/media\/28836"}],"wp:attachment":[{"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jubi24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}