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Stock impact report

Energy Services Set to Benefit Once Iran War Ends, Barclays Says [Yahoo! Finance]

Barclays PLC (BCS) 
Company Research Source: Yahoo! Finance
producers need to undertake to resolve disruption, according to Barclays Plc analysts. Most Read from Bloomberg Cruise Ships Seized Brief Hormuz Reopening to Flee Persian Gulf Hormuz Chaos, Lebanon Clashes Dent Trump Peace Deal Hopes US Seizes Iranian Ship in Blockade, Casting Doubt on Peace Talks Nvidia Makes Quantum Computing CEO a Billionaire in Days Singapore Tycoon Seeks $1 Billion From Banks for Firm's Flop Companies such as Technip Energies SA and Viridien SA are set to see increased demand as countries look to replenish their inventories and attend to the damage caused during the conflict, analysts led by Mick Pickup wrote in a note. The volatility in oil and gas prices and disruptions to supply since late February will also prompt more nations to take action on energy security, they said. “We find it difficult not to see any country with resources wanting to secure its own domestic supply,” the analysts wrote. “The era of outsourcing production and refining to Show less Read more
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