Riksbank's Bunge says war in Middle-East has led to rising prices for oil, gas, jet fuel, and fertilisers, which means inflation will be higher than would otherwise have been the case
US BROKER MOVES: STUB upgraded at Guggenheim; ZETA reinstated at BofA
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Riksbank's Bunge says war in Middle-East has led to rising prices for oil, gas, jet fuel, and fertilisers, which means inflation will be higher than would otherwise have been the case
Maritime experts believe the silence of news about Bab al-Mandab Strait explosion is due to pressure from US government to prevent an increase in oil prices, via Irib News
Shell (SHEL LN) Chair says they do not expect a significant change to its LNG strategy as a result of the Middle East war
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- Risks increase the longer the war continues, but I believe there is little to gain by responding pre-emptively to supply shocks we are currently observing.
- We have the room to await further information before we need to act.
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