The war in Iran and rising oil prices are driving up pump prices. The problem is that oil is an integral part of transportation, manufacturing, and other essential parts of the economy; it helps keep everything moving.
While inconvenient, it certainly raises a question about energy stocks and whether now is the right time to cycle in. And when investors look for big names in the sector, Exxon Mobil and Chevron are usually at the top of the list. Both are oil giants, but their approach is somewhat different. But how different, exactly? And how does that difference factor into which stock is a better choice for income investors?
