--- title: "Global inflation surges as energy shock reshapes outlook" type: "News" locale: "en" url: "https://longbridge.com/en/news/286952830.md" description: "Global inflation is surging due to an energy shock from the Iran war, which has disrupted 20% of global oil and LNG flows. U.S. wages increased by 3.6%, but prices rose by 3.8%, ending real income gains. This rising inflation has shifted central bank expectations from rate cuts to potential hikes, complicating global monetary policy." datetime: "2026-05-19T18:15:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286952830.md) - [en](https://longbridge.com/en/news/286952830.md) - [zh-HK](https://longbridge.com/zh-HK/news/286952830.md) --- # Global inflation surges as energy shock reshapes outlook Energy shock impact: The Iran war has cut off 20% of global oil and LNG flows, driving the largest energy supply shock in history. Household squeeze: U.S. wages grew 3.6% while prices climbed 3.8%, ending a three-year streak of real income gains. Central bank dilemma: Rising inflation has shifted expectations from rate cuts to possible hikes, complicating monetary policy worldwide. ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md) - [GDXY.US](https://longbridge.com/en/quote/GDXY.US.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md) - [GDXJ.US](https://longbridge.com/en/quote/GDXJ.US.md) - [GOAU.US](https://longbridge.com/en/quote/GOAU.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [GDXW.US](https://longbridge.com/en/quote/GDXW.US.md) ## Related News & Research - [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md) - [UK wage growth steady as oil shocks fuel inflation risks](https://longbridge.com/en/news/286923864.md) - [Fed's May inflation forecast spikes, rate cuts unlikely in 2026](https://longbridge.com/en/news/286852758.md) - [BUZZ-Energy tech firm Babcock & Wilcox slides on $200 mln stock offering](https://longbridge.com/en/news/286464561.md)