Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Does Lamine Yamal Have Better Career Numbers Than Lionel Messi Did at Age 19? A Full Statistical Breakdown

Published

on

LeBron James #23 of the Los Angeles Lakers talks with a teammate during a game against the Chicago Bulls at the United Center on March 12, 2019 in Chicago, Illinois.

Lamine Yamal turned 19 on July 13, just one day before Spain’s World Cup semifinal win over France, and the numbers behind his career to that point are striking when placed alongside Lionel Messi’s own record at the identical age. By nearly every statistical measure, Yamal has already outpaced where Messi stood as a teenager, though the full picture requires more context than a simple goal count.

According to tracking compiled by Messi vs Ronaldo Football, Yamal had scored 56 official career goals through age 19, nearly double the 30 career goals Messi had managed by the same birthday. Yahoo Sports similarly reported that Yamal reached his 19th birthday with 30 club goals and seven international goals, for a combined total that dwarfed Messi’s nine total goals at the same point in his career, a gap made more striking given that Messi had accumulated his modest total across far fewer appearances than Yamal has already logged.

That appearance gap is one of the most significant differences between the two players’ developmental paths. According to PlanetFootball, Yamal has approached 200 senior appearances for club and country by age 19, more than 70 matches beyond what Messi and Cristiano Ronaldo had combined by their own 19th birthdays. Yamal made his senior debut for Barcelona at just 15 years old in 2023, giving him a multi-year head start on Messi, who did not make his own senior debut until age 17 in October 2004 and did not score his first goal until roughly seven months later, at 17 years and 10 months old, when he became the youngest goal-scorer in La Liga history at the time.

The gap widens further when factoring in assists. PlanetFootball reported Yamal has produced 64 career assists by age 19, giving him a combined 56 goals and 64 assists, a tally that already ranks him among the most productive teenage players in football history, alongside legendary figures including Pelé, Diego Maradona and Ronaldo Nazário. Messi, by contrast, had virtually no assist production at the equivalent stage of his career; ESPN reported that by the end of his age-17 season, Messi had scored just one La Liga goal and recorded zero assists, a stark contrast to Yamal’s 11 goals and 17 assists at the same developmental point during his own age-17 campaign.

Advertisement

Trophy accumulation follows a similar pattern favoring Yamal’s head start. According to Olympics.com, Yamal had collected five major trophies by age 17, compared with just one for Messi at the same age. By age 18, Yamal had already won UEFA Euro 2024 with Spain, becoming the youngest player in the tournament’s history to feature, provide an assist, score a goal, register a goal involvement in a major tournament final, and win the competition outright, all before he had turned 18. Messi, by comparison, did not make his senior international debut for Argentina until age 18, one full year after Yamal had already broken into Barcelona’s first team.

Yamal’s World Cup performance in 2026 specifically has been more modest than his overall career trajectory might suggest. Yahoo Sports reported that Yamal scored just one goal during the tournament, against Saudi Arabia, a moment that made him the ninth-youngest player in World Cup history to score a goal, coming in 14 days younger than Messi had been when he reached the same milestone. Messi, by contrast, entered Sunday’s final having scored eight goals during the 2026 tournament, reflecting the two decades of experience separating the pair even as Spain’s broader defensive strength, rather than any shortcoming from Yamal individually, has been credited with carrying the team through to the final without requiring heavy attacking output from its teenage star.

Statisticians tracking the pair’s careers have cautioned against reading too much into the early numbers alone. According to Messi vs Ronaldo Football’s analysis, “A teenager out-scoring Messi’s teenage self is remarkable and, on its own, not yet meaningful,” noting that Messi at 19 was still a substitute breaking into an already title-winning Barcelona side, with his truly historic decade of production not beginning until later in his 20s. The site’s data shows Messi’s career goal total exploded from 30 at age 19 to 279 by age 24, a stretch of production the analysis described as “the stretch that separates generational starts from generational careers,” representing the real benchmark Yamal will need to match in the years ahead rather than his early-career head start alone.

Messi himself has publicly acknowledged Yamal’s talent, identifying him specifically among the sport’s most promising young players. “There’s a very good generation of young footballers who have many years ahead of them,” Messi said at an Adidas event last year. “If I have to choose someone, because of the age and because of the future that he has, I’ve heard that they have chosen Lamine Yamal and without doubt [it’s him] for me, too.”

Advertisement

Spain teammate Dani Olmo offered a more cautious framing when asked directly to compare the two players, emphasizing that Yamal’s path remains distinctly his own. “Nothing can be said about the paths, right? Lamine has his own path,” Olmo said. “Comparing him to Messi is crazy. Although Lamine is spectacular, he gives us a lot, but he will give us much more in the future.”

Spain manager Luis de la Fuente, sitting alongside Yamal at a pre-match press conference around his birthday, offered a similarly grounded assessment of the pressure surrounding the young forward’s development. “He’s 19, madre mia,” de la Fuente said. “I would say to him: relax, enjoy it. Anxiety, out! Let him enjoy it. Lamine’s great day is still to come at this World Cup.”

Taken together, the statistical record shows Yamal has clearly outproduced Messi’s own teenage numbers across nearly every measurable category, from goals and assists to trophies and total appearances. Whether that early statistical edge ultimately translates into a career matching Messi’s eventual peak, a stretch that saw Messi score more than 500 goals between ages 20 and 30 alone, remains the far larger and still entirely unanswered question hanging over Yamal’s career as he enters his 20s.

Advertisement
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Tips Music shares jump 11% as board set to approve buyback on July 22

Published

on

Tips Music shares jump 11% as board set to approve buyback on July 22
Shares of Tips Music rallied as much as 11% to an intraday high of Rs 740 on the BSE on Monday after the company said its board will meet on July 22 to consider and approve the unaudited financial results for the quarter ended June 30, 2026, and a proposal for the buyback of its fully paid-up equity shares.

A share buyback (or repurchase) is a corporate action where a company buys its own outstanding shares from existing shareholders. Tips Music’s share price has risen 11% in the last one month and over 30% in 2026.

Tips Music Q4 snapshot

The company reported a 32% YoY increase in Q4 FY26 revenue to Rs 103.9 crore. Net profit for the quarter rose 93% YoY to Rs 59 crore from Rs 30.6 crore in the corresponding period last year.

During the quarter, it released 66 songs, including 47 film songs and 19 non-film songs, with Tu Jaane Hai Kahan among the notable releases. Its YouTube subscriber base expanded to 153.1 million during the quarter. For FY26, the board declared a cumulative dividend of Rs 13 per share, resulting in a total payout of Rs 166.18 crore.

Advertisement

About Tips Music

Founded in 1988, Tips Music is one of India’s leading listed music companies. Its portfolio includes several iconic Bollywood soundtracks from the 1990s, such as Khalnayak, Soldier, Coolie No. 1, Rangeela, Pardes and Taal.
Over the years, the company has expanded its catalogue with titles including Raaz, the Race franchise, Ramaiya Vastavaiya, Ajab Prem Ki Ghazab Kahani, regional films Ponniyin Selvan 1 and Ponniyin Selvan 2, and more recent releases such as Crew, HanuMan and the Saunkan Saunkne series.


The company’s music catalogue features more than 34,000 songs across multiple languages and genres. Its roster has included artists such as Alka Yagnik, Kumar Sanu, Udit Narayan, Sonu Nigam, A.R. Rahman, Diljit Dosanjh, Badshah, Arijit Singh, B Praak and Aditya Rikhari. Tips Music distributes its content across digital platforms, streaming services and broadcasters.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Continue Reading

Business

Money Box – State Pension Age Rise, Gazundering and Air-Con

Published

on

Money Box - State Pension Age Rise, Gazundering and Air-Con

Available for over a year

Urgent action is needed to help people in their sixties on low incomes who face a delay of up to a year before they can claim their State Pension. That is the main recommendation of a new report from the Work and Pensions Committee. Pension age rises over the next two years from 66 to 67 and the committee of MPs fears some of the people affected by that delay face poverty unless the benefit rules are changed to give them more money. The Department for Work and Pensions says in February, 0.02% of the Universal Credit caseload was aged 65 or 66. It also welcomed the report saying it will consider the recommendations in due course.

There’s growing concern in the housing industry over the rise in a practice known as “gazundering”. It’s when people selling homes are told by buyers just days before exchanging, that they must drop the agreed price by thousands of pounds or risk losing the deal. The Conveyancing Association says it’s a growing problem and is urging the government to implement reforms which would stop the practice “without delay”. The government says it’s stopping gazundering by introducing “legally binding agreements that prevent buyers from walking away at the last minute without a valid reason, with fines for those who do.”

Money Box has found that a grant which can be used to install a heating system than can also act as air conditioning is not up and running, despite being announced in November. We’ll investigate why.

Advertisement

Presenter: Paul Lewis
Reporters: Dan Whitworth, Jo Krasner and Niamh McDermott
Editor: Jess Quayle
Senior News Editor: Sara Wadeson

Photo Credit: Witthaya Prasongsin via Getty Images

(First broadcast 12pm Saturday 18th July 2026)

Programme Website

Advertisement
Continue Reading

Business

'Cocaine, vodka, whiskey' came before One Nation candidacy

Published

on

'Cocaine, vodka, whiskey' came before One Nation candidacy

One Nation’s Secret Harbour by-election candidate, Luke Herdegen, has talked openly about regular Saturday nights of “cocaine, vodka and whiskey” while living in London a decade ago.

Continue Reading

Business

BHEL share price: Brokerages see up to 23% upside after Maharatna PSU posts first Q1 profit in 8 years

Published

on

BHEL share price: Brokerages see up to 23% upside after Maharatna PSU posts first Q1 profit in 8 years
Shares of Bharat Heavy Electricals (BHEL) recently scaled a fresh 52-week high, but brokerages believe the rally may not be over yet after the Maharatna PSU posted a strong set of Q1FY27 results last week.

The company on Thursday reported a consolidated net profit of nearly Rs 377 crore for the April-June quarter, compared with a net loss of Rs 455.5 crore in the year-ago period. Revenue from operations jumped more than 40% year-on-year to Rs 7,697.72 crore from Rs 5,486.91 crore a year earlier.

The PSU’s operating profit margin improved sharply to 6.69% in Q1 FY27, from a negative 9.54% in Q1 FY26, while net profit margin rose to 4.89%. Its net worth rose more than 9% YoY to Rs 26,471 crore during the quarter under review, while earnings per share (EPS) stood at Rs 1.08.

After the release of the results, BHEL shares jumped to a fresh 52-week high of Rs 446.50 apiece on Friday, before seeing some profit booking today. The stock is overall up more than 43% in 2026 so far. In the longer term, the company’s shares have delivered 67% returns over one year, 336% over three years, and 561% over five years.

Advertisement

Also read |BHEL Q1 Results: Maharatna PSU posts net profit of Rs 377 crore in Q1, revenue jumps 40%

ICICI Securities on BHEL share price

ICICI Securities said BHEL has started the ongoing financial year 2027 on a strong note, with revenue growing 40% YoY. The PSU reported a net profit, positive for the first quarter, after Q1 FY19.


“We believe this performance was driven by a pick-up in execution of projects won in the new cycle – these have better realisation. It has won new orders worth Rs 2.7 trillion over the last three years. BHEL reported Q1 FY27 order inflow (OI) of INR 267bn, taking its order book (OB) to Rs 2.6 trillion – 7.2x TTM sales. We expect execution to grow at a 13% CAGR over FY26–28 and profitability to improve further on the back of multiple levers,” it said.
The brokerage maintained its ‘Buy’ call on the shares of ICICI Securities, but increased its target price to Rs 520 apiece from Rs 450 apiece. The latest target price implies an upside potential of more than 23% from the stock’s previous closing price of Rs 422 apiece.

JM Financial on BHEL share price

JM Financial also noted that the company posted profit in the first quarter for the first time in eight years. The domestic brokerage named BHEL among its top 5 picks as the 97GW of the original target for thermal additions now extends to 110GW+.“Notwithstanding the current performance, we maintain FY27E revenue at Rs 419 billion (24% YoY), gross margin of at least 31.5% (29% in FY26) and EBITDA margin of 10.4% (6.9% in FY26),” JM Financial said. It maintained its ‘Buy’ rating on the shares of the company with a target price of Rs 481 apiece, implying a 14% upside potential.

Also read:
Axis Bank shares fall 5% after Q1 earnings fail to cheer D-Street. What brokerages say

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Advertisement
Continue Reading

Business

FDA declares Taylor Farms Cyclospora lettuce result a false positive

Published

on

Taylor Farms preparing recall amid cyclospora outbreak probe

The Food and Drug Administration said Sunday that a Taylor Farms lettuce sample initially reported as positive for Cyclospora should be considered a false positive following an additional laboratory review.

“Due to the complexity in detection of Cyclospora, FDA laboratory experts re-reviewed the sample results and have concluded that the finding does not represent true amplification and should be considered a false positive,” the agency said.

Advertisement

The FDA said no product samples had produced a confirmed positive result for Cyclospora as of Sunday.

TAYLOR FARMS LETTUCE SAMPLE TESTS POSITIVE FOR CYCLOSPORA AS RECALL EXPANDS

Packages of Taylor Farms salad greens displayed on shelves at a Safeway grocery store in California

The FDA said the initial finding should be considered a false positive. (Justin Sullivan/Getty Images / Getty Images)

Taylor Fresh Foods said the FDA informed the company that the initial result was incorrect.

“To be clear, at this moment, FDA has not identified a single positive product test result for Cyclospora,” the company said in a statement.

Advertisement

TAYLOR FARMS PREPARING RECALL, DENIES BRANDED SALADS TIED TO OUTBREAK

Taylor Farms salad greens displayed on a grocery store shelf at a Safeway location

There are no confirmed positive sample results for Cyclospora as of Sunday. ( Justin Sullivan/Getty Images / Getty Images)

Taylor Fresh Foods also said the FDA apologized to the company over the erroneous result. The FDA did not include an apology in the agency language provided with the story.

The FDA said it notified Taylor Farms of the revised finding and continues to work with the company and its Taylor Farms de Mexico operation to ensure products implicated in the investigation have been removed from the market. The agency and its state partners are continuing to collect and analyze product samples.

Taylor Farms initiated a voluntary recall of iceberg lettuce sourced from central Mexico on July 17 after federal investigators traced lettuce served at certain Taco Bell restaurants to Taylor Farms de Mexico. The recall includes iceberg lettuce distributed to retail stores, restaurants and other food-service customers.

Advertisement

“Based on initial information provided by health officials, in an abundance of caution, we completed a voluntary recall of iceberg lettuce from central Mexico,” the statement continued. “Recalled product was limited to iceberg lettuce grown and processed in central Mexico. All other Taylor Farms products, including all Taylor Farms brand products available for purchase, are not involved in the recall.”

Taylor Farms salad greens

Taylor Fresh Foods said it was informed that the FDA made a mistake. (Justin Sullivan/Getty Images / Getty Images)

This comes after the FDA said on Saturday that a sample of shredded iceberg lettuce supplied by Taylor Farms tested positive for Cyclospora, which has sickened thousands of people across the U.S.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Cyclosporiasis has been linked to shredded iceberg lettuce at Taco Bell restaurants in Indiana, Kentucky, Michigan, Ohio and West Virginia, leading to around 100 hospitalizations so far, according to the Centers for Disease Control and Prevention. No deaths have been reported.

Advertisement
Continue Reading

Business

HDFC Bank shares crash 5%, wipe off Rs 70,000 cr from investor wealth. Why Jefferies, Nomura, others see up to 28% upside?

Published

on

HDFC Bank shares crash 5%, wipe off Rs 70,000 cr from investor wealth. Why Jefferies, Nomura, others see up to 28% upside?
Shares of HDFC Bank fell more than 5% on Monday after the private lender’s Q1 earnings failed to impress investors, wiping out nearly Rs 70,000 crore in market value, even as brokerages remained bullish on the stock.

HDFC Bank fell to an intraday low of Rs 774.55 apiece on the NSE, with its market capitalisation falling to less than Rs 11.93 lakh crore. This came after India’s private lender on Saturday reported a 5% year-on-year (YoY) rise in net profit to Rs 19,060 crore for the April-June quarter of the ongoing financial year 2027.

The bank’s net interest income, which is the difference between interest earned and interest expenses, rose 7% YoY to Rs 33,534 crore in Q1 FY27 from Rs 31,438 crore in Q1 FY26. HDFC Bank’s gross non-performing assets (NPA) fell more than 3% YoY to Rs 35,846 crore, but net NPA increased slightly to Rs 12,357 crore during the quarter under review.

Jefferies on HDFC Bank share price

Jefferies maintained its ‘Buy’ call on the shares of HDFC Bank with a target price of Rs 1,050 apiece. This implies an upside potential of more than 28% from the stock’s previous closing price of Rs 819.6 apiece.

Advertisement

HDFC Bank remains one of the international brokerage’s top picks, while it noted that the company’s June quarter earnings were in-line with estimates, as slight miss on NII was offset by lower opex and credit cost. The bank’s desire to participate in corp lending lifted loan growth to 16% YoY, but dragged NIMs by 12 bps QoQ, limiting NII growth to 7%, Nomura said, adding that slower growth in opex (slow branch/staff growth) and lower credit costs (low slippages) aided profits.

“We tweak earnings estimates for FY27 and FY29. Improvement in margins should aid earnings that should grow at 15% CAGR in PBT (ex-treasury/ one-offs) over FY26-29 with ROE of 13% in FY27. Valuations at 1.8x FY27 adjusted PB and 14x PE are attractive,” Jefferies further said.

Nomura on HDFC Bank share price

Nomura also has a ‘Buy’ call on the shares of HDFC Bank, with a target price of Rs 950 apiece, implying nearly 16% upside potential. The international brokerage noted that the bank reported a largely in-line Q1 FY27 performance.


“We raise our FY27F loan/deposit growth estimates to 16%/17% (from 13%/15%). FY27-28F EPS estimates are largely unchanged, as lower top-line is offset by lower provisions and opex. On the FCNR(B) scheme, management expects to gain a handsome market share, though it did not disclose any quantum. Leadership continuity and FCNR execution remain key near-term monitorables, in our view,” it added.
Also read | HDFC Bank shares fall 5% after Q1 results. Should you buy, sell or hold the stock?

Anand Rathi on HDFC Bank

Anand Rathi Share and Stock Brokers has a ‘Buy’ rating on the shares of HDFC Bank and a target price of Rs 963 apiece, implying an upside potential of more than 17% from the stock’s previous closing price.The domestic brokerage noted that despite some pick-up in loan growth to 15.5% YoY, HDFC Bank’s credit growth remained well below peers such as ICICI Bank and Axis Bank. “HDFC Bank has been unable to close the post-merger gap with ICICI across key operating metrics, including NIM, loan growth and CASA ratio. Given that CASA growth continues to lag loan growth, we believe it will take longer for the bank to narrow the funding cost gap with ICICI. Consequently, we do not expect loan growth or RoE to sustainably exceed 14% over the medium term. In addition, we see some uncertainty around the RBI extending the tenure of the current CEO, given the recent developments at the bank,” it said.

Advertisement

Nevertheless, Anand Rathi maintained its ‘BUY’ rating, supported by reasonable valuations and favourable sector tailwinds. Among large-cap private banks, it continues to prefer Axis Bank and ICICI Bank.

Motilal Oswal on HDFC Bank share price

Motilal Oswal also reiterated its ‘Buy’ rating on HDFC Bank shares, with a target price of Rs 2,050, implying an upside of around 28%. The domestic brokerage said that the private lender reported a largely in-line quarter, supported by healthy business growth and lower provisions, although net interest margin (NIM) remained the key disappointment, contracting 12 basis points QoQ to 3.26%. Loan growth was led by the SME and corporate segments, while retail lending remained relatively subdued.

JM Financial on HDFC Bank share price

JM Financial has maintained its Add rating on HDFC Bank with a revised target price of Rs 900, implying an upside of around 10%. While the domestic brokerage said the bank’s liquidity coverage ratio (LCR) of 115% and a credit-deposit ratio of around 96% limit its ability to accelerate loan growth, it remains constructive on the bank’s medium-term margin outlook, expecting NIM to improve as high-cost borrowings gradually run off.

Also read |
HDFC Bank Q1 Results: Net profit rises 5% YoY to Rs 19,060 crore, NII up 7%

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Advertisement
Continue Reading

Business

Ryanair profit plunges as jet fuel prices soar amid Iran war

Published

on

Business Live

But it says its strategy still leaves it better positioned than its European rivals

Passengers boarding a Ryanair plane at Exeter Airport

Passengers boarding a Ryanair plane at Exeter Airport(Image: Theo Moye)

Ryanair saw its profits tumble by more than a third as soaring jet fuel costs driven by the Iran conflict began to bite. The budget carrier had previously shielded itself from escalating fuel prices by locking in energy costs through hedged contracts.

Advertisement

However, Ryanair revealed the cost of the 20 per cent of its jet fuel that remained unhedged more than doubled in the first quarter of this year, reaching $150 per barrel.

As a result, the airline’s operating costs surged 11 per cent to €3.8bn in the three months to June, while its pre-tax profit plummeted by 36 per cent to €593m.

The carrier, which is listed in both Dublin and New York, announced in May that it would slash some of its fares to drive up passenger volumes and counter the weakened demand brought about by the Middle East conflict, as reported by City AM.

Passenger numbers climbed six per cent in the first quarter of this year, yet reduced ticket prices meant the airline’s revenue dipped by one per cent to €4.3bn over the period.

Advertisement

Fares were subdued at the start of this year because “the Middle East conflict led to consumer hesitancy, concerns about EU jet-fuel shortages, economic uncertainty and later bookings,” chief executive Michael O’Leary told investors.

“Despite a recent, slight, uptick in volumes, and less price stimulation, second-quarter pricing is trending modestly down year-on-year and the final first-half fare outcome is heavily dependent on the strength of close-in bookings in August and September,” he added.

Airlines have warned that concerns over potential travel disruption stemming from the Iran conflict are prompting holidaymakers to leave bookings to the last minute, making it increasingly difficult for carriers to plan effectively.

Ryanair said its “conservative” jet fuel hedging strategy still leaves it better positioned than its European rivals.

Advertisement

The carrier revealed that 80 per cent of its fuel requirements for the current financial year are locked in at $67 per barrel.

However, Ryanair’s energy costs are set to rise sharply next year, with 15 per cent of its requirement for the 2028 financial year hedged at $85 per barrel.

Stockbroker Panmure Liberum suggested Ryanair’s update would be seen as “slightly disappointing” by the market, after the firm’s profits fell short of analyst forecasts.

In June, the airline handed O’Leary a six year extension as part of a new contract which could see him given 10 million additional shares.

Advertisement

Stan McCarthy, Ryanair chairman, said he is “pleased to report” that O’Leary has agreed to extending his leadership “for the benefit of all shareholders.”

O’Leary, renowned for his larger-than-life personality and forthright manner, is amongst Ireland’s most wealthy businessmen.

Continue Reading

Business

Ryanair profits tumble as jet fuel costs soar

Published

on

Graphic representing sunshine with blue sky behind

Ryanair’s profits have fallen sharply as war in the Middle East sent jet fuel prices soaring and customers reluctant to book flights.

The Irish airline’s pre-tax profits dropped 34% to €593m (£503m) between April and June while sales were flat as the company was forced to cut fares to stimulate demand.

Ryanair also said it expects summer fares to be slightly lower than last year due to “consumer hesitancy” around air travel.

The price of fuelling a plane has jumped since the US and Israel launched strikes against Iran in February and while Ryanair said it had “hedged” or struck deals for the most future fuel costs, those not included in these arrangements had more than doubled.

Advertisement

Overnight, crude oil prices continued to rise, surpassing $90 (£67) a barrel for the first time in a month, after a weekend of intense exchanges of fire between the US and Iran.

Traffic through the Strait of Hormuz – an essential route for global oil and gas supplies – has ground to a halt.

Brent crude, the global benchmark for oil prices, rose by 2.5% on Monday.

Looking ahead, Ryanair said its fares for the key summer period between July and September are “trending modestly down” on the same period last year.

Advertisement

It warned that its results for the year will be “highly sensitive” to external factors such as conflict escalation in the Middle East and Ukraine as well as the price of unhedged jet fuel.

Shane Oliver, head of investment strategy at AMP, a fund manager, said: “The longer the strait remains closed and the war escalates, the greater the risk that oil prices will have to rise to around $150 a barrel to bring demand down to match the hit to supply.”

He said: “This is not our base case but it’s a high risk again.”

Advertisement
Continue Reading

Business

Guggenheim initiates AN2 Therapeutics stock with buy on PV drug

Published

on


Guggenheim initiates AN2 Therapeutics stock with buy on PV drug

Continue Reading

Business

Australian shares waver as oil surges on Iran conflict

Published

on

Australian shares waver as oil surges on Iran conflict

Australia’s share market has handed back its modest gains after oil prices surged amid escalating conflict between the US and Iran, hitting risk sentiment.

Continue Reading

Trending

Copyright © 2025