Vital Points
- “If the lesson was learned from Ukraine, we need to have low cost, trusted, safe and sound, secure electrical power, of which 80% will come from oil and fuel. And that number’s heading to be incredibly significant for 10 or 20 several years,” Dimon mentioned.
- Russia’s invasion of Ukraine before this calendar year sent commodity price ranges soaring, such as oil and normal gas.
- The JPMorgan chief experienced beforehand declined a pledge to halt executing organization with fossil fuels, declaring in a Congressional hearing that the transfer would be a “road to hell for The usa.”
