Written by Hamid R. Azarmi, Head of Business Development

With geopolitical tensions easing and the Strait of Hormuz remaining fully operational, markets have moved back toward stability. Oil prices have corrected to the $68–$70 range, providing a moment for investors to reassess energy positions. While short-term exposure to energy equities and ETFs has delivered, now is a sensible time to take profits and rotate toward longer-term structural plays. Areas such as infrastructure, clean energy logistics, and pipeline REITs are still poised for durable growth. 

Meanwhile, global equities have pushed higher as risk appetite returns. The rotation into industrials, materials, and select tech is gaining steam, particularly among companies with strong pricing power and international exposure. Investors may also consider increasing allocations to industrial metals like copper and nickel, which benefit from the ongoing buildout in data centers, EV supply chains, and energy storage infrastructure. In real assets, opportunities are resurfacing in logistics REITs and smart-city projects, where post-conflict clarity is restoring investor confidence. 

As we move deeper into Q3, maintaining balance is key. Keep core exposure to quality equities, consider moderate positions in commodities, and hold cash or short-duration fixed income as dry powder. While the news cycle has calmed, fundamentals are now the driver. This is an environment where disciplined positioning, not headlines, will determine returns.