US-Iran War Drives Oil Prices Up, Reigniting Global Inflation

매크로/금리 | Tue Jul 14 2026 00:00:00 GMT+0000 (Coordinated Universal Time) | 3 sources

India's June CPI exceeded expectations, the Fed warned of potential rate hikes, and the cryptocurrency market declined.

Analysis

[India] saw June consumer price inflation accelerate to 4.38% ^[1]

• Exceeded the forecast of 4.30%
• Rose from 3.93% in May
• Food prices increased 5.32%
• Transportation inflation surged to 4.3%

[Federal Reserve] issued a warning from Christopher Waller on possible rate hikes ^[2]

• Concerns over 'hot' inflation indicators
• Signaled tightening policy if further increases occur

[Crypto Market] plunged as inflation concerns reignited ^[3]

• Bitcoin fell 3.3% to $62
• 049
• Ethereum fell 2.9% to $1
• 766
• Solana fell 3.4% to $74.87
• Oil prices rose on renewed US-Iran conflict
• Watching Chairman Kevin Warsh's congressional testimony and CPI data

[Strait of Hormuz] faced increased crude oil supply risk as the US-Iran conflict intensified ^[1][3]

• Key route for global energy supply
• Hostilities resumed after June ceasefire
• Drove global oil prices higher
• Expanded inflationary pressure on emerging markets

Sources

• [1] India's inflation accelerates to 4.38% in June, exceeding forecasts - CNBC Markets
• [2] Top Fed official warns ‘hot’ inflation could trigger rate rise - Financial Times
• [3] Crypto Market Today, July 13: Crypto Slides on Renewed Inflation Fears - The Motley Fool