As the U.S.-Iran conflict injects massive volatility into global energy markets, renowned investor Louis Navellier is urging traders to skip popular energy ETFs like United States Oil Fund LP (NYSE:USO) and United States Brent Oil Fund LP (NYSE:BNO)
Instead, Navellier advises that investors should “prefer individual stocks,” specifically recommending refiners like Phillips 66 (NYSE:PSX) to capitalize on the 2026 energy crunch.