Ukraine

Energy

New BP Chief Pledges “Consistency” after Years of Anything But

Photo via Bulkin Sergey/ZUMA Press/Newscom

The oil price shock caused by the Iran war has turbocharged BP shares, pushing them up roughly 33% so far this year.

2 min read

Photo via Marine Corps Sgt. Calah Thompson

Industrials

Iran War Ignites US Demand for Cheaper Drone Defense Systems

Last month, the Pentagon invited 25 drone manufacturers to participate in a competition to win a $150 million prototype order.

2 min read
Photo by Getty Images via Unsplash

Energy

US Crude Slides Toward Worst Year Since 2018

Correspondingly, Americans are enjoying the lowest prices at the pump in about 4 years, according to driver’s association AAA.

2 min read
Photo via Julian Stratenschulte/dpa/picture-alliance/Newscom

Industries

Ukraine Peace Talks Undermine European Defense Stocks

Peace deal or no peace deal, the war in Ukraine is motivating governments on the continent to upgrade their defensive capacity.

1 min read

Energy

Oil Spikes as US Sanctions Russian Producers to Undermine Putin’s War Machine

Photo via imageBROKER/Ron Buskirk/Newscom

Shell and BP shares rose roughly 3% on Thursday, while US majors Exxon Mobil and Chevron were more muted, up 1.1% and 0.6% respectively.

2 min read

Geopolitics

Asset Managers Could Provide a Second Windfall for European Defense Firms

Photo by Fric Matej via CC BY-SA 4.0

The EU last week announced plans to boost its defense spending, and defense stocks have been on the march ever since.

2 min read

International Economics

Would a Mended US-Russia Relationship Benefit America All That Much?

Photo by kremlin.ru via CC BY 4.0

The resolution of the nearly three-year Ukraine-Russian War will undoubtedly provide a peace dividend of some sort. But just how big?

2 min read

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