“…The relationship between energy and other asset classes has been extensively investigated in the literature, see, e.g., Ashfaq et al, 2019 , Bašta and Molnár, 2018 , Bigerna et al, 2021 , Cevik et al, 2020 , Cui et al, 2021 , Qin, 2020 , Jiang and Yoon, 2020 , Khalfaoui et al, 2019 , Li et al, 2020 , Liu et al, 2020 , Mokni, 2020 , Nazlioglu et al, 2020 , Pavlova et al, 2018 , Qin, 2020 , Sarwar et al, 2020 and Wen et al (2020) . However, less attention has been paid to the connectedness of energy sectors of various countries.…”