You've seen the oil price soar. But crude is just the start—the Iran conflict is sending shockwaves through natural gas, fertiliser, helium and a host of other commodities we take for granted. What does it all mean for inflation, interest rates, and how you might want to position your portfolio?

And in the Dumb Question of the Week: Does the futures curve predict where prices are going in the future?

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Disclaimer

This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.

Copyright 2026 Many Happy Returns

The War of Unintended Consequences: Oil, Inflation, and Interest Rates

Many Happy Returns

The War of Unintended Consequences: Oil, Inflation, and Interest Rates