WS #16001
Geopolitical risks are materializing rapidly as the US deploys a third aircraft carrier to the Middle East and Ukraine resumes strikes on Russian oil refineries. This dual supply shock has pushed Brent crude to $105, triggering a defensive rotation in markets. Energy stocks are rallying on the supply disruption, while airlines and consumer discretionary names are being sold off due to rising input costs and demand destruction fears.
Middle East Escalation and Energy Shock
Geopolitical risks are materializing rapidly as the US deploys a third aircraft carrier to the Middle East and Ukraine resumes strikes on Russian oil refineries. This dual supply shock has pushed Brent crude to $105, triggering a defensive rotation in markets. Energy stocks are rallying on the supply disruption, while airlines and consumer discretionary names are being sold off due to rising input costs and demand destruction fears.