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Stock impact report

Power Insider: The markets are obsessed with the Strait of Hormuz. Why it matters less than you think Share Every day we look at the most important map in the world The IEA says oil demand...

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Saudi and UAE oil rerouting makes the Strait of Hormuz less important. Hormuz-proof your portfolio: Tune out the noise and focus on stocks that are helping to build America's energy security and independence. (This is CNBC's “Power Insider” newsletter, your inside look at the investments, people and companies powering the global energy industry. Click here to subscribe.) Trying to predict where energy prices are heading is tough enough, but in a time of war it's even more difficult. Now, add in a war that also involves a massive slowdown in shipping in one of the most important channels in the world. It may not be an impossible task, but it's darn close. Even the smartest energy insiders on the planet are now doing a fair bit of guessing. If you tell us when and how the war ends, it might be a little bit easier. But right now it is not embarrassing to admit “we don't know” because, quite frankly, we don't. The U.S. ‘blockade' of Iranian ports around the Strait of Hormuz (SO Show less Read more
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