CME · 10-Q · 2026Q3 · Full report

Middle East Conflict Impact

CME GROUP INC. · 2026-10-23 · Importance 28 · Surprise 42

The continuing geopolitical conflict in the Middle East caused significant supply disruptions and uncertainty in energy, agricultural commodities, metals, and equity markets during 2026. CME Group said the conflict also contributed to global macroeconomic uncertainty and higher cash-market activity in the third quarter and first nine months of 2026 versus the same periods in 2025. The filing does not quantify the conflict’s direct financial impact on CME Group.

Key facts

• CME Group attributed increased energy, agricultural commodities and metals market uncertainty and higher volumes in the third quarter and first nine months of 2026 partly to continued Middle East geopolitical conflict and significant supply disruptions. source
• CME Group said continued Middle East conflict caused significant uncertainty throughout equity markets and contributed to broader increases in its equity product volumes in the third quarter and first nine months of 2026. source
• CME Group attributed higher cash markets notional values and foreign exchange volumes in the third quarter and first nine months of 2026 partly to Middle East conflict-driven global macroeconomic uncertainty. source