When President Trump announced a blockade on Iranian ports, oil prices surged and equity markets retreated in the same moment — a swift, familiar reminder that energy is among the most geopolitically entangled of all commodities. The possibility of diplomatic stability, briefly entertained by markets during ongoing U.S.-Iran negotiations, dissolved as quickly as it had formed. This episode is not an anomaly but a recurring feature of the energy sector's nature, where the distance between a headline and a portfolio loss can be measured in seconds. The enduring question for investors is not how