Charlie Bilello has been keeping a running tally of what the Iran war has actually repriced, and the September 8 update is the one worth looking at: European natural gas up 143% since the conflict began, against 125% on the same chart a day earlier. That two-day delta is the point — the energy repricing is still accelerating rather than settling, a week after the opening strikes. It lands the same session Bloomberg reported crude climbing toward $100 and the Brent tracker took out the level a standing bond-fear call had named as its own invalidation. Worth one read because it converts a headline into a scoreboard: it says which inputs have moved and by how much, which is the difference between a war being loud and a war being an inflation event. The chart is a screenshot of prices, not a model, so treat it as a pointer to the underlying series rather than a citable number.
Price increases since start of the Iran war... European Natural Gas: +143% Sulfur: +110% Heating Oil: +78% Jet Fuel: +62% Diesel: +57% Rice: +49% WTI Crude Oil: +41% Gasoline: +39% Cotton: +32% Sugar: +30% Wheat: +23% Palm Oil: +23% Corn: +16%
Charlie Bilello has been keeping a running tally of what the Iran war has actually repriced, and the September 8 update is the one worth looking at: European natural gas up 143% since the conflict began, against 125% on the same chart a day earlier. That two-day delta is the point — the energy repricing is still accelerating rather than settling, a week after the opening strikes. It lands the same session Bloomberg reported crude climbing toward $100 and the Brent tracker took out the level a standing bond-fear call had named as its own invalidation. Worth one read because it converts a headline into a scoreboard: it says which inputs have moved and by how much, which is the difference between a war being loud and a war being an inflation event. The chart is a screenshot of prices, not a model, so treat it as a pointer to the underlying series rather than a citable number.
Tweets, videos, filings, articles, and source pages tied to this read.