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Benzinga
Benzinga
Business
Chandrima Sanyal

Trump’s Hormuz Shock Sends Oil Above $85: 3 ETFs Poised for the Next Energy Rally

Hormuz Oil ETF NYSE Donald Trump USO Iran Strait of Hormuz EQT
Strait Of Hormuz Disruptions Add Pressure

With the U.S.-Iran war dragging on and disrupting oil logistics in the Strait of Hormuz, the broader energy sector is among 2026’s top-performing market sectors, up about 40% year to date. U.S. crude prices are climbing above $85 a barrel, and energy ETFs are emerging as a key area for investors to watch.

Year-to-date, SPDR S&P Oil & Gas Exploration & Production ETF (NYSE:XOP), United States Oil Fund (NYSE:USO) and VanEck Oil Services ETF (NYSE:OIH) are each in the green.

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