Published 11:28 IST, January 13th 2024
US energy stocks in spotlight amid escalating tensions in Red Sea
Since late October, the energy sector has faced a nearly 3% decline, in stark contrast to the broader S&P 500, which has surged 16% during the same period.
![Energy stocks](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/HEADER-moneypoint-aerial-001-jpg_Original-file-(1)-169831171488616_9.webp)
Energy stocks | Image:
Siemens Energy
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11:28 IST, January 13th 2024