Mar. 1 at 5:02 PM
$EONR Reports that Iran is interfering with shipping through the Strait of Hormuz are a big deal because that route is critical to global oil supply, and even the risk of disruption can push crude prices sharply higher with talk of
$100 oil coming back into play. When markets price in supply fear capital usually rotates quickly into energy, which makes names like
$EONR and
$ANNA more attractive from a trading perspective as higher oil prices improve economics sentiment and speculative interest. It is not about certainty, it is about risk premium, and right now the market is clearly starting to price that in.