Disasters as Political and Supply Shocks
Major natural disasters in commodity-producing states translate into political instability and supply disruptions that markets increasingly have to price, recurring as climate and geological shocks hit fragile economies.
forming · confidence 40 · Emerging (watchlist) · tracking since June 25, 2026 · updated June 25, 2026
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- Jun 25Strengthened +5
Two magnitude-7+ quakes struck north-central Venezuela seconds apart, collapsing buildings in Caracas and prompting a state of emergency—a geological shock hitting a fragile oil-producing state.
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Supporting · June 25, 2026
Twin Earthquakes Kill at Least 32 in Venezuela
Two magnitude-7+ quakes struck north-central Venezuela seconds apart, collapsing buildings in Caracas and prompting a state of emergency—a geological shock hitting a fragile oil-producing state.
The Guardian
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