Oil surges on US-Iran clashes — ride the energy spike
Oil prices are rising for the third day in a row as new clashes between the US and Iran threaten to escalate and disrupt global oil supplies. This geopolitical tension is also dragging down the broader stock market.
Idea
Fresh military exchanges between the US and Iran are casting serious doubt on peace deals in the Middle East, which is causing oil prices to spike for the third consecutive day. When tensions rise in this region, it threatens the flow of global oil supplies, which consistently drives energy prices higher. Because this is an ongoing geopolitical conflict rather than a one-off event, the upward pressure on oil could persist as investors price in the risk of disrupted shipping routes. Buying oil-related investments allows you to profit directly from this rising tension and the resulting supply fears.