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HSBC’s George Sees Prolonged Energy Market Volatility

Bloomberg
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HSBC’s Patrick George warns the Iran conflict will prolong energy market volatility, disrupting global supply chains and sustaining upward pressure on oil prices through 2026. Financial institutions remain resilient, with George asserting the sector’s risk-management tools and capital buffers are adequate to weather geopolitical uncertainty without systemic stress. Gold is poised to surge as a safe-haven asset, with George highlighting its role in portfolio diversification amid escalating Middle East tensions and inflationary risks. The U.S. Treasury confirmed it will not renew oil waivers for Iran and Russia, tightening sanctions and exacerbating supply constraints in an already strained energy market. Central banks face mounting pressure to balance inflation control with economic stability, as the IMF urges caution on rate hikes amid war-driven market turbulence.
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Apr 16th, 2026HSBC’s George Sees Prolonged Energy Market VolatilityPatrick George, Global Head of Markets and Securities Services at HSBC, says disruptions from the Iran conflict will continue to put pressure on energy markets. However, he says the financial sector is well equipped to navigate the uncertainty, while gold as an asset class for diversification is likely to trend higher. Duration:3:05Xi Vows Closer Coordination With RussiaDuration:11:21New Zealand Urges a Quick Resolution to the Iran WarBusinessweek Daily Duration:9:13IMF's Georgieva Says Central Banks Should Not Rush When It Comes to Hiking RatesDuration:3:35Famed Investor Mark Mobius Has Died at 89Duration:5:00Fed Beige Book Says Iran War Driving New Wave of UncertaintyExclusiveDuration:11:26Morgan Stanley CEO Pick on Iran, Inflation Risk and Private CreditDuration:1:49BofA Equity Traders Post Record Quarter on Market VolatilityDuration:0:17US Won't Renew Iranian, Russian Oil Waivers, Treasury Secretary Bessent SaysAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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