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  5. MISC: I think I agree with Eric Nuttal that we have not yet seen the full impact of the middle east problems and that energy supplies will be tight for at least a few years. [Miscellaneous]
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Q: I think I agree with Eric Nuttal that we have not yet seen the full impact of the middle east problems and that energy supplies will be tight for at least a few years. But seriously, who can really predict anything geopolitical these days?

In any case, if this is correct, would you be inclined to dump big energy consumers (e.g. NTR - which you like, and I own) in favour of energy producers? If so, would you go with oil & gas or renewables? Large caps or smaller caps? Suggestioned names most welcome!
Asked by David on March 30, 2026
5i Research Answer:

The longer the war goes on, the more potential there are for other things to 'go wrong' and for various types of disruption, certainly. All parties involved, in theory, benefit from the turmoil ending quickly at this stage but there of course is no guarantee that will happen.