Key Takeaways Middle East tensions raise oil supply risks, supporting bullish energy trades.Modest OPEC output hike may fail to offset geopolitical supply concerns.Leveraged oil ETFs may offer short-term upside but carry elevated volatility risks.The United States and Israel launched coordinated strikes on Iran on Feb. 28, 2026, with President Donald Trump saying the operation aimed to destroy Iran’s nuclear program and weaken the current regime.The attacks prompted immediate retaliation from Iran and raise ...