BlockBeats News, June 19th, as oil prices retreated and shipping through the Strait of Hormuz gradually returned to normal, a Morgan Stanley strategist downgraded the rating of the European energy sector stocks. The research team, led by Marina Zavolock, lowered the sector's rating from overweight to neutral, citing that after the peak of geopolitical tensions, the energy sector usually underperforms the broader market. The strategist removed six energy stocks from the European core stock pool and replaced them with three banking stocks, two utility stocks, and one copper company stock. Analysts stated that the European stock market has not fully digested the positive news of the resumption of shipping in the strait; investors may now turn their attention to a potential peace agreement in Ukraine.