Investigating the Impact of Geopolitical Tensions on Oil and Gas Prices: Strategies For Mitigating Their Effects
Journal: ACTA PROSPERITATIS
Year: 2025

Abstract This study investigates the impact of geopolitical tensions, macroeconomic variables, and market volatility on oil and gas prices across two distinct periods: 1990–2023 and 2009–2023. Employing econometric techniques, the studies assess whether changes in some factors including Geopolitical Risk Index (GPR), Dollar Index (DXY), Crude Oil Volatility Index (OVX), Gross Domestic Product (GDP) as well as Annual Inflation rates influence energy prices. It was discovered that inflation and DX