
Rising oil prices and artificial intelligence boom weigh on global economic outlook
Escalating tensions in the Middle East drive oil prices higher, while the rapid growth of artificial intelligence unexpectedly reinforces the global dominance of the U.S. dollar.
Global markets are facing renewed volatility driven by geopolitical escalation and rapid technological growth. Escalating conflict in the Middle East has pushed Brent crude oil prices back up to $100 per barrel, raising concerns that domestic fuel prices at Slovenian service stations could soon surpass two euros per liter.
At the same time, the expansion of artificial intelligence infrastructure is influencing international monetary dynamics. Long-term data center leases and the rise of dollar-backed stablecoins tied to the AI sector are unexpectedly reinforcing the dominance of the U.S. dollar. This trend creates additional hurdles for international policymakers attempting to reduce global reliance on the American currency, as technology sector investments continue to anchor global capital to dollar-denominated assets.
Sources: Delo.
