ETF Areas to Win/Lose Amid Middle East Tensions

Key Takeaways Oil surge boosts energy & shipping ETFs as supply risks rise amid Strait of Hormuz tensions.Higher crude prices may hurt refiners, airlines and retailers through rising costs and inflation.Import-heavy economies like India face pressure as elevated oil prices weigh on markets.Oil futures jumped sharply following an escalating Middle East conflict that is now threatening global energy infrastructure. Futures tied to Brent crude, the international benchmark, surged to above $82 per barrel. Meanw ...