Oil Will Surge Past $150 if Trump Attacks Iran Again - w/ Josh Young Bison Interests

Geopolitical instability in the Middle East, particularly around the Strait of Hormuz and Saudi energy infrastructure, is driving significant volatility in global oil markets. Josh Young, CIO at Bison Interests, contends that despite recent price declines and market skepticism regarding a sustained "war premium," underlying supply-side risks remain high. Ongoing regional tensions involving Iran, the Houthis, and Saudi Arabia suggest that energy markets are currently mispricing the probability of further escalation. While speculators maintain low net positioning, energy equities remain undervalued relative to the broader market, offering potential for significant upside. OPEC’s internal cohesion, now focused on long-term energy security rather than traditional price wars, further supports a bullish outlook for the sector. Investors should look beyond short-term price fluctuations and focus on structural supply constraints and the asymmetric risk-reward potential inherent in current energy valuations.