According to a report by Deep Tide TechFlow, analysts at Bloomberg Economics indicate that U.S. President Trump’s suspension of reciprocal tariff measures is about to expire, with rising geopolitical risks intertwined with the potential escalation of tariffs.

The Middle East conflict could lead to skyrocketing oil prices, with extreme scenarios predicting crude oil prices surpassing $130 per barrel, potentially pushing the U.S. summer CPI close to 4%, prompting the Federal Reserve to delay interest rate cuts.

The report points out that significant increases in oil or natural gas prices or trade turbulence will become a constraint on the global economy.