Oil stocks like Chevron, ExxonMobil, and Shell expected to rally amid ongoing conflict and supply concerns.

Oil stocks Chevron, ExxonMobil, and Shell are poised for gains as the ongoing conflict shows no signs of resolution, impacting supply routes like the Strait of Hormuz. Chevron is nearing a key resistance level around $200, ExxonMobil may rise toward $160, and Shell looks set to reclaim the $90 mark. Market watchers anticipate that supply disruptions will drive oil prices higher, encouraging investors to buy dips in these stocks in the coming weeks.