European companies are better positioned to withstand the latest surge in oil and gas prices than they were during the energy crisis of 2022, as changes in stock market composition, improved risk management and robust artificial intelligence-related spending help cushion the impact.
Rising energy prices have renewed concerns about Europe's dependence on imported fuel and the potential consequences for businesses and consumers as winter approaches. However, investors say listed companies are in a stronger position than in 2022, when Russia's invasion of Ukraine sent natural gas prices soaring, fuelling recession fears and concerns about the competitiveness of European industry.