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Posted by
Two Blokes Jun 18 -
Filed in
Stock
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6 views
Geopolitical instability in the Middle East, especially the Iran-Israel conflict, is likely to keep oil prices elevated, benefiting American oil producers. President Trump's policies, including deregulation and opening federal lands, provide tailwinds for the U.S. oil and gas sector and IEO ETF. IEO's focus on U.S. companies aligns well with current political ambitions, though steel and aluminum tariffs could hinder new projects.