Bank of America's No. 1 way to play the Strait of Hormuz closing again

🌐 CNBC (United States) — 2026-07-09

Bank of America has issued a buy rating on an oil and gas company amid discussions about the potential closure of the Strait of Hormuz, a key global energy chokepoint. This development affects energy market dynamics and investor strategies.

The bank has a buy rating on the oil and gas name.

Markets Energy Bank of America Strait of Hormuz oil gas energy markets buy rating

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Bank of America's No. 1 way to play the Strait of Hormuz closing again

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