Middle East Conflict: Economic and Market Ripple Effects

BMO Private Wealth - Apr 01, 2026

Geopolitical tensions in the Middle East and significant energy supply disruptions are reshaping the global economic and market landscape.

Ship passing through water.

Geopolitical tensions in the Middle East and significant energy supply disruptions are reshaping the global economic and market landscape. Heightened uncertainty in the Strait of Hormuz has led to physical shortages of oil, natural gas, and other products, sending ripples through expectations for inflation, monetary policy, and investor sentiment.

On April 1, BMO leaders examined how the evolving conflict is influencing financial markets and the broader macroeconomic outlook.

Moderator:

Michael Miranda, Head of Investments, BMO Private Wealth North America

Speakers:

Doug Porter, Managing Director and Chief Economist, BMO

Randy Ollenberger, Oil & Gas Analyst, BMO Capital Markets

Brent Joyce, Chief Investment Strategist, BMO Private Wealth

Listen to the Markets Plus podcast based on the discussion:

 

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