
The global oil market is in turmoil as the Iran war enters its sixth week. The ongoing conflict in the Middle East has disrupted critical supply routes like the Strait of Hormuz, which controls 20% of the world’s oil flow. This supply shock has pushed crude prices above $100 per barrel, with some estimates suggesting prices could spike even higher if disruptions persist.
Energy stocks like Exxon Mobil (XOM) and Chevron (CVX) are winning this crisis as higher oil prices translate directly into stronger profits. But are these two stocks a better investment even in a post-war world?