WS #16594
Geopolitical tensions have escalated sharply, with a tanker explosion in the Strait of Hormuz and confirmed Ukrainian attacks on Russian oil refineries pushing Brent crude to $117.59. This supply-side shock is driving a massive rotation into energy equities while threatening to reignite inflation, pressuring central banks and weighing on growth-sensitive sectors like airlines and consumer discretionary.
Geopolitical Energy Shock
Geopolitical tensions have escalated sharply, with a tanker explosion in the Strait of Hormuz and confirmed Ukrainian attacks on Russian oil refineries pushing Brent crude to $117.59. This supply-side shock is driving a massive rotation into energy equities while threatening to reignite inflation, pressuring central banks and weighing on growth-sensitive sectors like airlines and consumer discretionary.