6 Stocks to Buy to Hedge Against a Prolonged War in Iran or Rebound If It's Short-Lived

The article discusses investment strategies to hedge against or profit from the ongoing Iran conflict’s market effects. It highlights that disruptions through the Strait of Hormuz have driven crude to about $113/barrel (April 7) and could push oil to $150–$200 if the war is prolonged. Recommended defensive holdings for a protracted conflict include energy and fertilizer exposure and defense contractors; Chevron and Lockheed Martin are singled out. For a quick resolution and falling oil, the author suggests cyclical rebound plays—airlines (United), mortgage-related stocks (Compass) and large tech names (Microsoft)—that could recover quickly. The piece frames sector rotation risk: energy and defense may outperform while consumer/travel and rate-sensitive mortgage businesses underperform if oil and inflation stay elevated, but those same beaten-up names could rally on a rapid de-escalation. Overall the article is market commentary advising a mix of hedges and recovery plays depending on conflict duration.