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Should investors buy oil stocks amid Iran-Israel conflict?

Alex Gluyas
Alex GluyasDeputy markets editor
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As hostilities between Israel and Iran extended into a fourth day on Monday, commodity traders remain fixated on one thing: the Strait of Hormuz.

The narrow waterway between the Persian Gulf and the Gulf of Oman is used by Middle Eastern oil producers to ship about a fifth of the world’s daily output. If Iran blocked this route, analysts believe the price of the world’s most traded commodity would almost certainly surge above $US100 a barrel.

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Alex Gluyas is deputy markets editor based in the Melbourne newsroom. Connect with Alex on Twitter. Email Alex at alex.gluyas@afr.com
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    Original URL: https://www.afr.com/markets/commodities/should-investors-buy-oil-stocks-amid-iran-israel-conflict-20250616-p5m7pd