Societe Generale analysts have benchmarked the current geopolitical crisis, which involves Iran, against every major global crisis since 1956. Their research suggests that a full normalization of oil prices is likely to occur toward the end of the current year. This forecast is based on historical patterns observed during periods of geopolitical instability and their subsequent impact on energy markets.

Key Takeaways

• Societe Generale has analyzed the current crisis in relation to past global events since 1956.
• The firm forecasts that oil prices will return to normal levels by the end of the year.

The next Societe Generale earnings report is scheduled for July 26, 2024.

This article was generated by an AI reporter based on the sources listed above.