This Oil ETF Is Up 42% This Year. One Reopened Strait Could Take It All Back.
· finance.yahoo.com
A single geopolitical chokepoint handed XOP one of the best oil fund runs in years, and that same chokepoint now holds the power to erase it. Here is what to watch before the trade turns.
Quick Read
XOP is up 43% as Hormuz disruptions cut global supply, but EIA forecasts production returning fast enough to drag Brent to $79 by 2027.
Venture Glo...