The war in the Middle East has effectively shut in 15% of TotalEnergies’ global oil and gas output, while the now-offline barrels account for about 10% of the supermajor’s upstream cash flow. Following requests from shareholders and to answer the question about the status of TotalEnergies’ exposure to Middle East, the France-based international major said on Friday that “production has been shut down or is in the process of shutting down in Qatar, Iraq, and UAE offshore, representing approximately 15%” of ...

And Occidental Petroleum (OXY) is a primary beneficiary of this geographic flight to safety.Geopolitics has turned the oil market into a game of "where," not "how much."With all this going on, here are six companies investors must watch.Replacing those assets requires more than just a Congressional appropriation. It requires a specific set of rare earth alloys and chemicals that the West has ignored for three decades.The U.S. fired more than 100 Tomahawk missiles on the first night alone, and many more sinc ...