Oil surges to 4-year high; expert says geopolitics dictating prices

Oil surges to 4-year high; expert says geopolitics dictating prices

CNBC


Posted: April 30, 2026 | Last updated: April 30, 2026

Faisal Hasan, CIO and Head of Asset Management At Al Mal Capital, speaks on Brent oil prices spiking to a record high in 4 years and says geopolitical factors are driving the markets. He also weights in the Fed’s decision to keep rates steady, and the impact this has on middle east markets.

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