1. Citi Warns: Middle East Conflict Fuels Oil Price Surge, U.S. Shale Drilling Set for 2026 Rebound
A resurgence in U.S. shale oil drilling is on the horizon, directly linked to the geopolitical pressure from the Middle East conflict. Citigroup Inc. analysts warn that sustained higher oil prices, driven by the ongoing turmoil, are creating the financial conditions for a significant production ramp-up. This isn't a di...