
Despite a significant rise in Equinor's share price since the start of the year, it is still considered a strong buy. Europe's oil and gas inventories are heavily depleted due to the ongoing energy crisis triggered by the Iran war and Europe's move away from Russian energy supplies. Equinor, as Europe's largest natural gas provider, is well-positioned to benefit from sustained demand and increased market share. The author has increased his investment in Equinor, expecting multi-year growth driven by energy supply disruptions and the crisis.