- Crude oil prices rose, adding pressure on government bonds as the Iran war lifts energy costs.
- TotalEnergies boosted its shareholder buybacks and dividends, citing increased cash flows from the oil price surge tied to the Iran war.
- The oil move is a geopolitical shock from the Iran war, with crude and energy equities drawing safe-haven and inflation pressure into rates.
Quotes
“French energy company increases shareholder payouts as effect of Iran war increases cash flows”