Oil to $120? Iran Could Trigger the Next Stock Market Shock | David Woo

Wealthion - Be Financially Resilient · Aug 18, 2026 · 27m

David Woo says markets may be dangerously underpricing the risk of escalation around Iran and the Strait of Hormuz. He explains why Iran has an incentive to push crude toward $100–$120, why tougher U.S. action could be bullish for oil and bearish for stocks, and how a confrontation involving China could raise the stakes even further. Woo also breaks down the shifting Russia-Ukraine war, the opportunity he sees in defense stocks, mounting pressure on Europe—and why he remains long oil as geopolitical risks build. 💡 From the risk of $100–$120 oil and a renewed Iran showdown to rising pressure…