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At Close: Jun 05, 2026
Oil climbed to its highest price since June on Monday, as conflict in the Middle East brings with it an inherent risk to the world's available crude supplies.

How Geopolitical Risk Impacts Energy ETFs

02:31pm, Monday, 02'nd Mar 2026
Energy is dominating headlines on escalating geopolitical tensions in the Middle East.  Following military strikes over the weekend, disruptions in the Strait of Hormuz — a chokepoint responsible f
The military operation against Iran pushed oil prices towards new highs.
The US/Israel attack on Iran and the closure of the Strait of Hormuz have forced a rapid reassessment of Middle East risk across commodities, currencies, credit markets and emerging market inflation B
Battalion Oil Corp (NYSE: BATL) shares are surging Monday afternoon as investors piled into smaller U.S. exploration-and-production names leveraged to crude prices after fresh geopolitical shocks in t
Wall Street's initial response to the latest escalation in Iran has a clear message: geopolitics, in itself, is not a big enough deal to derail the U.S. stock market. At least, not according to Wall S
Brent faces fresh upside risk as Hormuz flows stall, tanker traffic drops and Iran succession uncertainty reshapes the outlook for global oil supply.
Selling oil ​from the U.S. Strategic Petroleum ‌Reserve after the U.S. and Israeli attacks on Iran is 'not currently being ​discussed', a U.S. source ​said on Monday.
In the wake of the U.S.-Israel attack on Iran and the broader conflict that is now escalating across the Middle East region, oil and gas prices are skyrocketing on Monday along with precious metals li
Investors leaned onto U.S. energy stocks on Monday, with the widening conflict in the Middle East boosting shares of major U.S. exploration and production and integrated-energy companies, in particula
Sustainability of oil prices and sustainability of inflation is what @CharlesSchwab's Liz Ann Sonders will watch as conflict in the Middle East intensifies. She urges investors to "look under the inde
20%. That's how much of the world's supply of oil flows through the Strait of Hormuz, where tanker traffic has been effectively shut down due to the conflict.

Oil surges as Iran conflict escalates

11:42am, Monday, 02'nd Mar 2026
CNBC's Dan Murphy breaks down the escalating conflict across the Gulf and the risks to oil supply and regional stability.
WTI gained 1.48% (+$0.98) this week, closing at $67.29 after trading between $63.60 and $67.83. The move comes amid escalating Iran war tensions, a declared Strait of Hormuz closure risk, and OPEC+ ap
Lori Calvasina, Head of US Equity Strategy at RBC Capital Markets, discusses elevated geopolitical uncertainty and its impact on the markets. Wall Street's worries about an inflation resurgence sent 
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