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Iran Fired on Ships in the Strait of Hormuz. These Energy Stocks Could Surge. [Yahoo! Finance]
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This escalation came less than a day after President Trump announced an indefinite extension of the ceasefire agreement. Iran has yet to reopen the Strait of Hormuz due to the U.S. Navy blockade of Iranian-linked ships. While President Trump is seeking a diplomatic end to the war, recent hostilities make a resumption of fighting an increasing possibility. If that happens, it could fuel a surge in oil stocks Will AI create the world's first trillionaire? Our team just released a report on a little-known company, called an "Indispensable Monopoly," providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. Heading higher again Brent oil, the global benchmark price, jumped more than 3% by Wednesday afternoon to around $102 a barrel. Meanwhile, WTI, the primary U.S. oil price benchmark, was up over 4% to more than $93 a barrel. Crude prices moved higher despite the ceasefire extension after Iran reportedly fired upon three ships in the
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- Chevron's Venezuela Opening And Hormuz Shock Reframe Valuation Debate [Yahoo! Finance][Yahoo! Finance]
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