--- title: "CITIC Construction Investment: Surge in Oil Prices Reshapes Asset Pricing" type: "News" locale: "en" url: "https://longbridge.com/en/news/278292543.md" description: "CITIC Construction Investment's research report points out that the conflict between the U.S. and Iran has caused oil prices to surge by 35% within a week, reshaping global liquidity and asset pricing. The risk-averse mode is gradually shifting towards a stagflation mode, especially against the backdrop of the latest negative growth in non-farm payroll data. The situation in the Strait of Hormuz is complex, involving the interests of multiple countries, and oil prices may remain above $100 per barrel, making the medium to long-term impact on global oil prices worthy of attention" datetime: "2026-03-09T00:26:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278292543.md) - [en](https://longbridge.com/en/news/278292543.md) - [zh-HK](https://longbridge.com/zh-HK/news/278292543.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/278292543.md) | [繁體中文](https://longbridge.com/zh-HK/news/278292543.md) # CITIC Construction Investment: Surge in Oil Prices Reshapes Asset Pricing CITIC Construction Investment's research report states that the unexpected US-Iran conflict has changed the global recovery trade since the beginning of the year. Oil prices surged 35% in a single week, reshaping the main line of global liquidity and almost triggering a repricing of all assets. At the onset of the US-Iran conflict, the capital market priced in a risk-averse mode, but with the uncertainty of shipping disruptions in the Strait of Hormuz, the risk-averse mode gradually switched to a stagflation mode. The latest non-farm payrolls unexpectedly recorded negative growth, coinciding with the surge in oil prices, and the narrative of "stagflation" in the US has begun to spread ### Related Stocks - [VanEck Oil Services ETF (OIH.US)](https://longbridge.com/en/quote/OIH.US.md) - [Invesco Great Wall CNI Oil&Gas ETF (159588.CN)](https://longbridge.com/en/quote/159588.CN.md) - [iShares Global Energy ETF (IXC.US)](https://longbridge.com/en/quote/IXC.US.md) - [SttStrtSPDRS&POil&GasExplor&ProdtnETF (XOP.US)](https://longbridge.com/en/quote/XOP.US.md) - [Invesco Oil & Gas Services ETF (PXJ.US)](https://longbridge.com/en/quote/PXJ.US.md) - [China Universal CSI Oil & Gas Resources ETF (159309.CN)](https://longbridge.com/en/quote/159309.CN.md) - [Guotai CSI Oil & Gas Industry ETF (561360.CN)](https://longbridge.com/en/quote/561360.CN.md) - [VanEck Oil Refiners ETF (CRAK.US)](https://longbridge.com/en/quote/CRAK.US.md) - [Vanguard Energy ETF (VDE.US)](https://longbridge.com/en/quote/VDE.US.md) - [Direxion Dly S&P Oil&Gs Ex&Prd Bl 2X ETF (GUSH.US)](https://longbridge.com/en/quote/GUSH.US.md) - [Huatai-PB CSI Oil & Gas Industry ETF (561570.CN)](https://longbridge.com/en/quote/561570.CN.md) - [GF CSI All Share Energy ETF (159945.CN)](https://longbridge.com/en/quote/159945.CN.md) - [United States Brent Oil (BNO.US)](https://longbridge.com/en/quote/BNO.US.md) - [iShares US Oil & Gas Explor & Prod ETF (IEO.US)](https://longbridge.com/en/quote/IEO.US.md) - [Stt Strt®SPDR®S&P®Oil &GasEqpmnt&SvcsETF (XES.US)](https://longbridge.com/en/quote/XES.US.md) - [iShares US Oil Equipment & Services ETF (IEZ.US)](https://longbridge.com/en/quote/IEZ.US.md) - [Penghua CNI Oil&Gas ETF (159697.CN)](https://longbridge.com/en/quote/159697.CN.md) - [China Universal CSI Energy ETF (159930.CN)](https://longbridge.com/en/quote/159930.CN.md) - [The Energy Select Sector SPDR® ETF (XLE.US)](https://longbridge.com/en/quote/XLE.US.md) - [Direxion Daily Energy Bull 2X ETF (ERX.US)](https://longbridge.com/en/quote/ERX.US.md) - [Yinhua CSI Oil & Gas Resources ETF (563150.CN)](https://longbridge.com/en/quote/563150.CN.md) - [ChinaAMC CSI Petrochemical Industry ETF (159731.CN)](https://longbridge.com/en/quote/159731.CN.md) - [Fullgoal CNI Oil&Gas ETF (159148.CN)](https://longbridge.com/en/quote/159148.CN.md) - [ICBCCS CSI Guoxin Central-SOEs Modern Energy ETF (561260.CN)](https://longbridge.com/en/quote/561260.CN.md) - [United States Oil (USO.US)](https://longbridge.com/en/quote/USO.US.md) - [Bosera CSI Oil & Gas Resources Index ETF (561760.CN)](https://longbridge.com/en/quote/561760.CN.md) ## Related News & Research - [CANADA-CRUDE-Discount on Western Canada Select widens](https://longbridge.com/en/news/278451570.md) - [Orlen Unipetrol to start regular shutdown of Kralupy refinery](https://longbridge.com/en/news/278081755.md) - [Market stress signals start to flash amber](https://longbridge.com/en/news/278368442.md) - [Europe Gasoline/Naphtha-Gasoline refining margins fall on stronger crude](https://longbridge.com/en/news/278427301.md) - [UK finance minister Reeves to update on economic response to Iran crisis later on Monday](https://longbridge.com/en/news/278392766.md)