Oil Seeps Into Every Corner Of CRE. The Reckoning From Price Spikes Is Still To Come

For decades, oil prices have been treated by most of the real estate property sector as economic background noise.

But when roughly 20% of the world's oil supply stopped flowing through a single chokepoint in the Strait of Hormuz, that worldview collapsed.

Across the U.S. and UK, oil price volatility is now directly influencing whether projects are viable, how buildings are designed, and where capital flows in an increasingly unpredictable market...

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RSK: Oil is found in just about everything we manufacture or used in running the machines to create product. Petroleum prices will no doubt continue to rise through the next quarter. I am not as pessimistic as the author is, but it will keep prices of everything high.