Dec. 22 at 3:49 PM
Oil stocks getting LOADED ⛽📈
Geopolitical risk is back on the tape.
Reports say Benjamin Netanyahu may brief Donald Trump on possible new strikes tied to Iran, specifically missile production and nuclear facilities. An upcoming meeting could even discuss potential U.S. involvement
Adding fuel to the fire: a U.S. envoy says Iran appears to be reconstituting and hardening its nuclear activity, referencing Fordow and efforts to dig deeper and secure it more.
Translation for markets:
➖Rising Middle East risk premium
➖Supply disruption fears creep back in
➖Crude volatility = tailwind for energy equities
Energy names tend to move before the headlines fully price in. If tensions escalate, oil doesn’t need a full-blown conflict, just uncertainty.
Watching: majors, upstream E&Ps, and oilfield services.
$TPET $BRN $GBR $MARPS $USEG