President Donald Trump Just Declared the Ceasefire Is Over. Here's What That Means for Oil Stocks.
The resumption of hostilities in the Persian Gulf is reopening the debate over the direction of the price of oil and oil stocks this year.
Overview
The recent end of the always-fragile ceasefire with Iran throws energy markets, oil in particular, back into the forefront of investors' minds, just when they were getting used to a $60 price handle again. It's a dynamic situation, and while near-term traders enjoy it, longer-term investors need to take a more reflective view.
Here are the bullish and bearish views on the matter.
Details
President Trump couldn't have been any clearer on his recent Truth Social post:
Source
Originally published at www.fool.com.
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