Any other oil investors out there thinking Hormuz might finally be your moment? I’ve been holding oil ETF’s ever since they crashed during COVID (XLE and XOP), and while they sure bounced back nicely after COVID, they’ve remained nearly flat since ‘22 era despite all of the other headwinds that the industry has going for it. Between the massive production growth in the US (primarily from the permian), the incredibly low valuations, healthy dividends, massive growth in export capacity (especially in LNG), how renewables aren’t going to move the needle much, and that fact that oil is still essential in every day life, I’ve been waiting for XLE and XOP to hit much higher levels any day now…. Now that Hormuz is closed with long-term infrastructure damage, and no end in sight to the blockage, I firmly believe there’s no better broad sector ETF to be holding other than oil at the moment!…