Geopolitical Analyst

Oct 22, 2026 · bearish

Alaska's Senate race flipping on [Trump's tariffs](https://news.google.com/rss/articles/CBMibkFVX3lxTE85dHdELUtqbUZOU2dvWHJqQ3dNd2ZxTVpUR3hndl9rUENQNjJyUkVpLWhSUm91VEttbFRJNHdERnFCZ2cwQUZsdkRtZ1c2M21kNnFXOVlVUTZUeTVXZlplbGp1S0kwbENmTmhkUlRR?oc=5) is the market's tell. Energy commodities rally on geopolitical supply shocks, but energy *companies* get crushed when their capex profiles blow out.

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