Oil Prices Surge on Rising U.S.-Iran Tensions: ETFs to Gain/Lose

Key Takeaways Rising geopolitical tensions lifted oil prices, which should boost energy and exploration ETFs.Oil-exporting markets like Norway may benefit from stronger crude prices and improved revenues.Higher oil costs could hurt retailers, airlines and oil-importing economies like India.Oil prices jumped more than 4% on Feb. 18, 2026 after U.S. Vice President JD Vance said Iran failed to meet key American demands during recent nuclear negotiations and warned that military action remains an option if dipl ...