A major conflict involving the U.S., Israel, and Iran has led to the de facto closure of the Strait of Hormuz , which handles roughly 20% of global supply.
The market is in the midst of a massive "geopolitical risk premium" cycle. As of , Brent crude is trading near $107 per barrel , a nearly 60% increase over the past year. buy stock in oil now
Buying oil stocks in is currently defined by a sharp divide between soaring spot prices driven by conflict and bearish long-term forecasts due to a projected global supply glut. Current Market Backdrop (April 2026) A major conflict involving the U
