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ValueWalk
ValueWalk
With the unrest in the Black Sea basin, it appears that there are two more cross-trade wars in the world. These are about energy and currency. Crude oil prices, down most of Friday, finally ended the week higher after a huge fire broke out at oil facilities in Jeddah, Saudi Arabia, following attacks by Yemeni rebels. Q4 2021 hedge fund letters, conferences and more The great winner of the Russian-Ukrainian conflict is undoubtedly the United States, which now seems to be taking advantage of Europe’s moment of weakness. The latter is indeed currently switching its energy supplies from Russian na…