Back to today’s briefing

Story perspectives

Iran War Fuels Oil Prices, Boosts Family Office Investments

4/9/2026

23 5 Full Breakdown

Summary

Story summary

The Iran war has driven oil prices above $94 a barrel, up 30% since late February.
The surge benefits investment firms serving ultra-wealthy families as family offices fill gaps left by retreating private equity.
Unlike these funds, family offices are not bound by strict ESG mandates and can pursue oil and gas opportunities.
They can hold investments longer and weather market fluctuations, as Behrens and Peterson emphasize.

1 of 1

Story summary

The Iran war has driven oil prices above $94 a barrel, up 30% since late February.
The surge benefits investment firms serving ultra-wealthy families as family offices fill gaps left by retreating private equity.
Unlike these funds, family offices are not bound by strict ESG mandates and can pursue oil and gas opportunities.
They can hold investments longer and weather market fluctuations, as Behrens and Peterson emphasize.