
Once again, the energy markets are in a high-stakes standoff, which means traders have to decide whether to stand down or get involved.
For the second time in the past 12 months, geopolitical friction involving Iran is creating a "fear premium" in crude oil (QAK26) prices. For investors, this volatility presents a tactical opportunity, but the choice of vehicle used can lead to vastly different outcomes. The traditional choices line up this way: Do you own the physical commodity or the companies that extract that oil from the ground (in the form of energy stocks)?