Global markets are in a state of extreme volatility due to a large-scale escalation of the conflict in the Middle East and the threat of a complete blockade of the Strait of Hormuz. A sharp reduction in raw material supply and rising logistics costs triggered panic buying, resulting in strategic resource prices hitting multi-year highs within hours.
Section 1: Food and Logistics
- Wheat: 245.80 dollars per ton (plus 15 percent). Grain prices are demonstrating vertical growth amid a sharp increase in ship insurance costs in the conflict zone.
- Corn: 181.10 dollars per ton (plus 4 percent). Rising energy and fertilizer prices are putting pressure on the cost of feed crops.
- Sugar: 24.10 cents per pound (plus 3 percent).
Section 2: Energy and Fuel
- Brent Oil: 106.68 dollars per barrel (plus 23 percent). During the day, quotes reached a peak of one hundred and nineteen dollars, after which the market consolidated above the psychological level of one hundred dollars.
- TTF Gas Hub: 682.40 dollars per thousand cubic meters (plus 15 percent). The explosive growth in gas prices in Europe is due to risks of liquefied natural gas supply disruptions from the Persian Gulf region.
- Jet Fuel: 945.60 dollars per ton (plus 20 percent). This resource is acquiring critical importance as an accessible fuel for lighting and heating systems during emergency power outages.
- Petrol A-95 at Ukraine Gas Stations: 68.28 hryvnias per liter (plus 2 percent).
- Diesel at Ukraine Gas Stations: 68.95 hryvnias per liter (plus 2 percent).
Section 3: Industrial Metals and Technology
- Copper: 12,902.00 dollars per ton (plus 22 percent). The metal set a historical record amid expectations of a global deficit and supply chain disruptions.
- Aluminum: 3,212.40 dollars per ton (plus 3 percent).
Section 4: Money and Financial Assets
- US Dollar (USD): 42.45 hryvnias (plus 1 percent). The Ukrainian currency is weakening under the pressure of global instability.
- Euro (EUR): 46.20 hryvnias (plus 1 percent).
- Chinese Yuan (CNY) to Hryvnia: 6.35 hryvnias (plus 1 percent).
- Gold: 2,195.80 dollars per ounce (plus 4 percent) (70.60 dollars per gram). Investors are massively moving capital into safe-haven assets.
- Bitcoin (BTC): 62,350.00 dollars (minus 6 percent).
Reasons for Changes and Brief Conclusions
The fundamental cause of the destabilization is the threat of a total halt of oil supplies through the Strait of Hormuz. Such a sharp increase in energy prices will inevitably lead to a spike in consumer inflation and an increase in the logistics costs of all basic food products in the short term.