Energy stocks are closing in on record levels reached earlier this year amid the Middle East war as investors see diminishing prospects for a near-term ceasefire that could ease the standoff in the crucial Strait of Hormuz.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-18/energy-stocks-soar-to-record-as-oil-rises-on-trump-s-hard-line)

Sponsored