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Finding Opportunities in Energy as Crude Oil Prices Climb
Description
U.S. and Iran volatility is back in the spotlight, and so are energy constraints as the Strait of Hormuz remains closed in the midst of ongoing negotiations. Even if the strait opens tomorrow, Tom Graff doesn't see pre-war crude oil prices in the cards "for a while." He adds that inflation risks add pressure on the Fed's dual mandate. When it comes to investing, Josh Barone suggests staying away from energy producers due to upward supply risks, pointing to infrastructure is a safer section of the industry.
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