On Monday, we are also likely to see energy and defense sectors outperform the broader market, with a clear upward gap at the open. Energy is the most direct beneficiary of a supply-side contraction, while defense reflects a rising and more persistent geopolitical risk premium. However, the magnitude of the move will depend on two key factors — the sustainability of the oil price strength and whether the market confirms that this is a prolonged supply shock, rather than just a short-lived sentiment-driven reaction.
