After a rapid surge in early 2026 driven by the conflict in the Persian Gulf, many oil and gas stocks have fallen 30-50% from their peaks, even though the companies still report large profits and hold huge amounts of cash.
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After a rapid surge in early 2026 driven by the conflict in the Persian Gulf, many oil and gas stocks have fallen 30-50% from their peaks, even though the companies still report large profits and hold huge amounts of cash.