Energy Beyond the Crisis: Seven Themes to Watch

Energy security is moving back to the forefront as the Iran conflict underscores how quickly geopolitical shocks can affect oil and gas markets. Restocking across supply chains may support near-term demand, while new investment in energy infrastructure and related sectors could gain momentum as companies look to reduce vulnerabilities.

For investors, this creates opportunities in producers, logistics, defense-related assets, and firms tied to resilience and supply diversification. At the same time, higher volatility, inflation pressure, and policy uncertainty remain important risks that could weigh on returns if tensions escalate further.