Oil futures touched $100 per barrel this week as Iran’s new Supreme Leader Mojtaba Khamenei vowed to keep the Strait of Hormuz closed, the waterway through which a fifth of the world’s oil and liquefied natural gas transits.

Energy stocks have been the star performers in 2026.

NEW YORK] Anthony Sandford knew it was time to jump back into the energy sector when US war planes first cast shadows over Tehran in late February. Read more at The Business Times.

WTI crude has rallied higher this month, recovering from a December 2025 trough of $55.44 to sit near $81 per barrel. The catalyst: the death of Iranian Supreme Leader Ayatollah Ali Khamenei on February 28,

With Iran effectively blocking traffic through the Strait of Hormuz, oil produced in the U.S. Permian Basin has become a hot commodity. ExxonMobil, Chevron, and ConocoPhillips are among the largest oil producers in the Permian Basin, with ExxonMobil holding the top spot.

Comparing the Iran conflict to Ukraine 2022 reveals key differences in rates, AI growth, and regional impact for ETF strategies

ProShares Ultra Bloomberg Crude Oil ETF is downgraded to Hold after a 46% return in under three months. Learn more about UCO ETF here.

The U.S. Oil Fund, an exchange-traded fund that for much of its life trailed the actual price performance of oil, is now outperforming the commodity. The USO ETF has gained about 25% over the past 12 months,

The basic pattern of traditional hedging strategies are falling apart as the escalating Iran war reshapes global markets. Government bonds — typically a safe haven during market stress — are now moving in tandem with equities as oil market volatility intensifies.

Energy focused exchange traded funds are drawing renewed attention Tuesday after comments from Exxon Mobil ( XOM) CEO Darren Woods highlighted operational challenges tied to the escalating conflict involving Iran, the United States, and Israel.