Up 24% in 2026 and yielding 3.1%, how should SHEL stock play amid a ceasefire in Iran?
Oil has been on a knife edge in 2026, with attacks on Iran’s Kharg Island briefly pushing Brent crude (QAM26) above $110 and a very tenuous ceasefire raising fresh concerns about trafficking through the Strait of Hormuz. That same flashpoint has fueled rumors that a severe reduction in shipments could even push prices toward $200…