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Oil Rallies On Iran War Fears – 5 Integrated Energy Giants With Big Dividends

Summary by 247wallst.com
With an armada of U.S. Navy ships steaming toward the Mediterranean,  military action against Iran would pose significant risks to global oil markets due to Iran’s control over the Strait of Hormuz, through which roughly 20-30% of the world’s seaborne oil passes. Conflict could disrupt Iranian exports of 1-2 million barrels per day and threaten vital shipping lanes serving Gulf producers, including Saudi Arabia and the UAE. Iran has previously d…

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The market is repricing the geopolitical risk premium of the commodity as the possibility of a US military intervention in Iran increases.

·Brazil
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Texas Intermediate Oil (WTI) this Thursday exceeded US$65 a barrel, driven by geopolitical risks by a possible U.S. attack on Iran following threats from U.S. President Donald Trump. Halfway through, WTI’s future contracts for delivery in March rose by 3.1% compared to the previous day and stood at US$65.15 after peaking at US$66.5 this morning, in the first reaction to tensions between the two countries. Uncertainty was also perceived at the Br…

·Chile
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Brent crude exceeded $70 a barrel on Thursday for the first time since September, after operators reacted to Donald Trump's escalation of threats against Iran.An attack could disrupt oil flows from Iran and potentially from a wider Gulf region, key to global oil supply. Oil prices advanced nearly 3% this week, in a context in which the U.S. president used an increasingly hostile tone against the Iranian regime following his violent repression of…

·Argentina
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UOL broke the news in Brazil on Thursday, January 29, 2026.
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