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Oil keeps climbing as US-Iran clashes threaten peace — ride the energy rally

Rising tensions and new attacks between the US and Iran are pushing oil prices higher. Even though there are backup pipelines, they aren't seen as a complete fix if the conflict continues to threaten major shipping routes.

Idea

With renewed fighting between the US and Iran, oil has been climbing for three straight days. While there are alternative routes for oil shipping, experts warn they only offer a partial fix. If the conflict continues to disrupt global supply, oil prices could keep climbing. Major oil companies and energy funds should benefit directly from this combination of rising prices and sustained global demand.

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USOXLEdaily#energy#geopolitics#macro

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