Why U.S. Energy Stocks And Gold Could Win Big

Oman crude surged to $173/bbl, signaling severe global supply constraints if the Strait of Hormuz is closed. The U.S. is relatively insulated due to record domestic oil output and strong internal demand, while Western benchmarks understate the severity of the broader energy shock.

Analysis

Oman crude surged to $173/bbl, signaling severe global supply constraints if the Strait of Hormuz is closed. The U.S. is relatively insulated due to record domestic oil output and strong internal demand, while Western benchmarks understate the severity of the broader energy shock.