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composite32
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TTE
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about 2 months ago
This strategic transformation of TTE? Significant re-rating potential
That is a great question that requires second-order thinking. While the immediate reaction of the market would likely be a drop in Brent/TTF prices due to the evaporation of the geopolitical risk premium and the anticipated return of Iranian barrels, the long-term structural impact on TotalEnergies (TTE) would be massively bullish.
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