iShares US Energy ETF

IYE

Market cap $1.7B

U.S. refiner margins registered a fresh record high for the third consecutive session on Thursday, as low stockpiles and worsening tensions inthe Middle East threaten potential supply shortfalls in the world's largest fuel consuming nation.

London's FTSE 100 was little changed on Monday as gains in oil majors helped offset weakness in financial shares, leaving investors to weigh the market impact of renewed US-Iran military exchanges. The blue-chip index edged up 0.03% to 10,499.88 points by 0927 GMT, while the domestically focused FTSE 250 slipped 0.1%.

China has unveiled a new carbon-peaking action plan that targets new energy vehicles (NEVs) accounting for 30% of the country's total vehicle fleet by 2030, marking a significant step in the electrification of the world's largest automobile market. The State Council on Thursday released the "15th Five-Year Plan" Carbon Peaking Action Plan, outlining the country's roadmap to peak carbon emissions before 2030.

Saudi Arabia is considering expanding the capacity of its crude ​oil pipeline to the western Red Sea coast, five sources close to the matter said, enabling the kingdom and possibly neighbours ‌to transport more oil without crossing the Strait of Hormuz.

At least five supertankers carrying a total 10 million barrels ‌of Saudi oil loaded from Ras Tanura have exited the Strait of Hormuz, with Saudi Aramco switching to spot pricing to speed sales in Asia, according to trade sources and shipping data.

The iShares U.S. Energy ETF (NYSEARCA:IYE) has had a great year for capital gains, but holders who bought it for income want to know whether the distribution can hold up if oil rolls over.

Designed to provide broad exposure to the Energy - Broad segment of the equity market, the iShares U.S. Energy ETF (IYE) is a passively managed exchange traded fund launched on June 12, 2000.

Tech capex and geopolitics have dominated the headlines this year, but opportunities emerge elsewhere. Dividend growth investing could be hitting its stride amid shifting macro and micro trends. Novel, forward-looking strategies may help asset allocators find alpha beyond traditional income approaches.

Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.

U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end ​the months-long conflict and reopen the vital Strait of Hormuz.