U.S. Iran Tensions Send Oil To Seven-Month Highs

Quick Read Escalating geopolitical tensions, particularly involving Iran and the Strait of Hormuz, could significantly disrupt global oil supply. Oil price spikes historically drive inflation higher, particularly through gasoline and energy components of CPI. Investors have rotated into major oil companies like Chevron, Exxon, BP, and TotalEnergies for dividend yield and defensive positioning amid market overvaluation concerns. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. ...