Invesco DB Oil Fund

DBO

Market cap $261M

As oil prices jump on fears of a prolonged Iran conflict, investors are looking to gold, energy stocks, dividend payers, and alternatives for protection.

The Strait of Hormuz remains closed, disrupting oil supplies.

High oil prices can be expected for “a little while,” President Donald Trump said Tuesday, as he predicted a significant fall for crude when the U.S. operation against Iran ends.

Traders initially treated the Iran conflict as just another geopolitical blip. That assumption is becoming harder to defend, Carolyn Kissane writes in a guest commentary.

U.S. President Donald Trump will review a set of policy options on Tuesday aimed at controlling energy prices amid the escalating Middle East conflict, including a proposal for ​the government to help oil tankers in the region obtain insurance, two sources said.

Bears control the S&P 500 as volatility builds. Will 6831.50 hold, or is a deeper slide toward the 200-day moving average coming?

U.S. stocks traded lower midway through trading, with the S&P 500 falling around 1.5% amid the ongoing Iran-U.S. conflict.

Energy markets are now “clearly in the crosshairs” of the Iran conflict, according to RBC Capital Markets, which warns of oil prices into the $100s per barrel if fighting and disruption persists. In a new commodities note on Iran flashpoints, the bank says the Strait of Hormuz is effectively closed after vessel attacks and the withdrawal of war risk insurance.

Within 30 minutes after the opening bell, all major indices fell more than 2% as crude oil and similar energy futures surged. Kevin Green analyzes the stark price action in oil, natural gas, and the Breakwave Tanker Shipping ETF (BWET).

The oil markets are on fire again for early Tuesday trading, as the reaction to war in the Middle East is about what you would expect.