Energy Policy Shifts in Focus Ahead of Elections
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Trump presidency could boost fossil fuels and undermine clean energy initiatives like the Inflation Reduction Act.
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Second Biden term likely to see continued push for pro-clean energy policies but face legislative challenges.
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Upcoming elections in major oil/gas countries like Mexico, UK, Venezuela could be impacted.
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Oil/gas stocks have performed better than clean energy under Biden, suggesting stocks matter more than sectors.
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Geopolitical disruptions like in the Red Sea are causing oil price volatility, showing markets may be underpricing risks.