Zhi Tong Cai Jing·2026-01-29 15:16Group 1 - Oil stocks experienced a broad rally, with Occidental Petroleum (OXY.US) rising over 4%, ConocoPhillips (COP.US) increasing more than 3%, and ExxonMobil (XOM.US) and Chevron (CVX.US) both gaining over 2% [1] - Brent crude oil futures surged more than 4% during the day, strongly breaking through the $70 per barrel mark, driven by market concerns over escalating tensions between the U.S. and Iran [1] - President Trump continues to apply pressure on Iran to terminate its nuclear program, threatening military action and deploying naval forces to the region [1] Group 2 - Reports indicate that Trump is considering options that include precise strikes against Iranian security forces and leaders to incite protests and potentially overthrow the current Iranian regime [1] - Analysts warn that if Iran retaliates, such as by closing the Strait of Hormuz, it could have catastrophic effects on the transportation of over 20 million barrels of oil per day [1]