Bank of America has named its top European energy stock picks as the region seeks to accelerate its pivot away from fossil fuels.
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Bank of America says Russia-Ukraine conflict will hasten Europe’s energy transition — and names its top stock picks to cash in
World
Strait of Hormuz standoff puts supply of America’s generic drug prescriptions at risk
An employee monitors bottles as they move along the drug production line inside the packaging unit at the Lupin Ltd. pharmaceutical plant in Salcette, Goa, India, Bloomberg | Bloomberg | Getty Images The closure of the Strait of Hormuz by Iran is a military strategy with vast consequences for the global economy, not just in […]
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World
Oil’s war-driven volatility pulls in record retail money, fueling ‘meme-style’ trading
The Iran war news flow-driven oil moves are drawing retail investors into the world’s most traded commodity, further fueling volatility. Small investors have poured record sums into oil-linked exchange-traded funds in recent weeks as prices have whipsawed amid the Middle East conflict and fears of extended disruptions to crude flows through the Strait of Hormuz. […]
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World
Why traders are getting nervous about Iran’s $200 oil warning as the conflict drags on
Energy analysts and traders said Monday that they wouldn’t be surprised if oil prices climb to as high as $200 per barrel as the sprawling Middle East crisis drags on. It comes as the U.S. and Israeli-led war on Iran continues to disrupt oil production and shipping in the region , with traffic through the […]
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