The armed conflict in the Middle East is impacting global oil markets, with potential severe consequences ahead. Oliver Hortay highlights that oil prices have already risen due to geopolitical risks, particularly concerning the Strait of Hormuz, a vital oil trade route. Disruptions in oil supply could lead to significant price increases, affecting Hungary and the EU's energy markets. Rising oil prices could also contribute to inflation. The market's future will depend on the conflict's resolution and its impact on energy infrastructure. Teljes cikk (Magyarnemzet)