$1,000 to Invest in Energy? This Is the Stock to Buy Right Now.
2026-04-08 05:08:00 ET
It's no secret that the near-total closure of energy flows through the Strait of Hormuz has led to serious short-term ramifications for global energy markets. However, there's a real risk that the issues will be deep and prolonged. If so, a stock like Australian energy company Woodside Energy (NYSE: WDS) is perfectly placed to benefit. The company has a U.S. listing and comes with a current dividend yield of 4.6%.
Even if the energy starts flowing through the strait, there are still plenty of question marks around how much damage to energy infrastructure (including refining capacity) has already been done or will be done by the time the strait is reopened. Moreover, the conflict is likely to lead to increased insurance premiums and security costs connected with buying energy that passes through the strait. In addition, customers value the security and reliability of a constant energy supply, not least to avoid paying soaring spot prices in a crisis.
Image source: Getty Images.
NASDAQ: WDS
WDS Trading
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