Current oil spike outlasts 2022 surge, Greg Ip notes

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Yaroslav Dmytrenko

22.09.2026

Current oil spike outlasts 2022 surge, Greg Ip notes — Oil spike duration raises inflation threat

Greg Ip observes that the current rise in oil prices has lasted longer than the spike following Russia's invasion of Ukraine in 2022.

He points out that this persistent increase raises the risk of second-round effects on core inflation, as highlighted in today's WSJ Economics Newsletter.

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Greg Ip previously reported that Stan Druckenmiller criticized Treasury Secretary Scott Bessent over the risks of defending Treasury yields in recent comments. He also analyzed Warsh's speech, noting its hawkish tone and the mixed market reactions following the July FOMC meeting in a separate report. Both topics reflect ongoing debates about policy responses in financial markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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