The global oil market has been thrown into turmoil as the ongoing U.S.-Iran war has disrupted the most critical supply route, the Strait of Hormuz, and damaged key energy infrastructure. Fears of prolonged supply shocks have sent crude prices to above $100 per barrel, marking one of the sharpest spikes in years. As a result, energy stocks have skyrocketed, with investors rushing to buy shares of companies that stand to benefit from elevated prices.
These three energy stocks seem best positioned to benefit from a prolonged oil shock.
