Oil Rallies On Iran War Fears – 5 Integrated Energy Giants With Big Dividends
BPBP(US:BP) 247Wallst·2026-01-29 16:21

With an armada of U.S. Navy ships steaming toward the Mediterranean, military action against Iran would pose significant risks to global oil markets due to Iran's control over the Strait of Hormuz, through which roughly 20-30% of the world's seaborne oil passes. ...