Trump's Accusation: Donald Trump has accused European leaders of indirectly funding Russia's war in Ukraine by purchasing Russian oil and urged them to increase pressure on China to stop similar purchases.
Economic Pressure and Sanctions: During a virtual meeting with Ukrainian President Zelenskyy and European leaders, Trump emphasized the need for additional sanctions against Russia if peace talks do not progress, highlighting that Russia earned significant revenue from fuel sales to the EU.
Russia-China Energy Cooperation: The comments come as Russia and China strengthen their energy ties, including a new gas pipeline agreement, which poses a challenge to the influence of the EU and the U.S.
Differential Tariffs on India and China: The U.S. has imposed tariffs on India for its continued Russian oil purchases, while Trump has not yet targeted China, with Treasury Secretary Scott Bessent criticizing India's practices as "unacceptable."
Wall Street analysts forecast XLE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast XLE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XLE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 48.910
Low
Averages
High
Current: 48.910
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
