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Crude Oil Surges Above $90, Investors Focus on Energy Sector
Crude oil prices have surged above $90 per barrel due to geopolitical tensions in the Middle East, specifically U.S. and Israeli strikes on Iran disrupting global supply chains and the Strait of Hormuz. This has led investors to focus on the energy sector, particularly small-cap companies like KNOT Offshore Partners LP, Deep Yellow Limited, and FLEX LNG, which have demonstrated exceptional profitability and resilience. The article highlights FLEX LNG’s financial performance, analyst ratings, and dividend consistency amidst the volatile market.