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Russia Attack Roils European Markets, Oil Surges

Economically sensitive stocks take a hit, but renewable energy names are buoyant

Feb 24, 2022

Mentioned: Shell PLC (SHELL) , Gazprom Neft PJSC (GZPFY) , Vestas Wind Systems A/S (VWDRY) , Energoinstal SA (ENI) , Siemens Gamesa Renewable Energy SA (GCTAY) , PJSC Lukoil (LUKFY) , Sberbank of Russia PJSC (AKSJF) , Polymetal International PLC (POYYF) , Nordex SE (NRXXY) , Orsted A/S (DNNGY)

Russian forces’ assault on Ukrainian territory early Thursday was accompanied by air and missile attacks across the country. It all adds up to the worst-case scenario so far contemplated by analysts, investors, and, most of all, Ukrainians themselves.

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