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Topic

Oil price shocks

Sudden moves in crude prices caused by supply disruption, and their pass-through into currencies, inflation and policy rates.

Current clusters

invest1 publisher

A 3% oil shock cost sterling about half a cent

Houthi strikes shut Saudi Arabia's Hormuz bypass pipeline, Brent rose 3% to $108, and sterling fell 0.4% to $1.3474 on September 14. Prediction traders moved crude's record odds from 14% to 15.5%.

Reality

Evidence28
Adoption
Insufficient
Hype gap+34
Incentives62
Confidence41