On Digi24, Eugenia Gusilov analyzed the World Bank's scenarios regarding oil price trends. She expressed skepticism regarding the worst-case scenario of doubling oil prices, noting that not all Middle East conflicts historically lead to price spikes, as demonstrated during the 2014-2015 period.
Market impacts depend heavily on the behavior of key producers. However, Europe remains highly vulnerable due to its low domestic production of 3 million barrels per day.
To mitigate this risk, Europe must maximize domestic production and accelerate the transition toward alternative fuels to reduce geopolitical vulnerability.