The Best Oil Stock to Buy as Iran Tensions Rewrite the Global Energy Map
As tensions in Iran continue to escalate, the world is entering what could be the most serious energy crisis in decades. The Strait of Hormuz is mostly closed right now, and that's a serious problem because roughly 20% of the world's oil and natural gas (as well as all sorts of other goods) passes through this narrow waterway.If the situation continues on its current course, it could rewrite the global energy map.ExxonMobil (XOM +3.36%) is already an industry behemoth, but the brewing energy crisis makes it ...