How Energy and Gas Prices Move During Conflict

Oil prices jumped to $120 a barrel. Gas prices followed immediately. Most people blame conflict in the Middle East. Commodity trader James Cordier explains why the real story runs deeper.In this episode of the Courtier Commodity Report, host Joe Pardavila asks the question many people ask during market chaos. Why do prices rise instantly even when supply still exists?Cordier explains the role of trader psychology, media hype, global reserves, and investor panic. He also breaks down why gold and silver surged earlier in the year, why Bitcoin money moved into metals, and what oil prices likely look like months from now.

Topics include:
• Why oil jumped so fast
• The role of conflict in energy markets
• Panic buying and trader psychology
• China’s massive oil reserves
• Floating storage holding hundreds of millions of barrels
• Why prices rise fast but fall slowly
• The link between the dollar and commodities
• What copper reveals about the global economy

Whether this commodity boom tops soonIf you follow energy markets, commodities, or the global economy, this conversation gives a clear look at what drives the headlines.

Chapter Breakdown
00:00 Introduction
00:30 Where people actually buy gold
02:00 Oil prices explode to $120
03:30 Why metals surged earlier this year
04:30 Bitcoin money moving into gold and silver
05:00 Middle East conflict and market psychology
06:00 Do fundamentals support $120 oil
07:30 Floating oil storage and global reserves
09:00 Why markets react before facts appear
10:30 Media hype and panic buying
12:00 How fast prices fall after conflict ends
14:00 Why gas prices drop slower than they rise
15:00 Central banks and gold demand
16:30 The dollar’s influence on commodities
17:30 Trader psychology during volatile markets
19:00 The "Get Me Out" panic trade
20:30 Why traders struggle with emotional decisions
21:30 Commodity boom compared with the 2000s
23:00 Future oil supply from Iran and Venezuela
25:00 Stable oil price scenario ahead
26:00 Why copper matters for the global economy
27:30 Final thoughts