
Geopolitical tensions don’t stop at the current trade tariff negotiations between the United States and its major trading partners; other complications are now brewing in the energy markets as well. New measures have been implemented to prevent countries from purchasing oil from Russia in an effort to de-escalate the ongoing war with Ukraine.
Considering that Russia is one of the largest players in the oil business, markets are now worried that these measures may disrupt supply chains and production volumes, directly impacting the price of oil. With this in mind, it would make sense for investors to start looking into a few names in the energy sector to find potential upside in the coming months.