My 3 Highest Conviction Energy Stocks to Buy Amid All the Uncertainty Caused by the War With Iran

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It has caused the biggest supply disruption in decades due to Iran's attacks on oil tankers exiting the Persian Gulf through the Strait of Hormuz, which handled 20% of global oil and liquified natural gas (LNG) volumes before the war. The longer the war rages, the bigger the global energy crisis could become. On a more positive note, the U.S. is seeking to end the conflict. If that happens, energy prices could fall sharply. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »This uncertainty is making it much harder to invest in energy stocks. Here are my three highest-conviction energy stocks to buy despite all the uncertainty surrounding the war.Image source: Getty Images.Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) is a leading global renewable energy producer. It operates hydroelectric, wind, solar, and battery storage assets secured by long-term power purchase agreements (PPAs) with utilities and large corporations. Most of its PPAs tie rates to inflation. As a result, Brookfield generates stable, steadily rising cash flow across market environments. Global renewable power demand is surging, driven by climate change concerns, energy security needs, and the rise of growth catalysts like AI data centers. Given the war's impact on global energy markets, it could drive increased investment in renewable energy in the future as countries seek greater energy security.Brookfield Renewable already expects to grow briskly in the coming years, targeting funds from operations per share growth of more than 10% annually through 2031. That should support continued dividend growth of 5% to 9% per year. With a 4% yield and double-digit earnings growth ahead, Brookfield should generate high-powered total returns in the coming years. Enbridge (NYSE: ENB) is one of North America's largest energy infrastructure companies. It transports 30% of the continent's crude oil, moves 20% of all gas consumed in the U.S., operates the largest gas utility franchise, and is a meaningful renewable power producer. These businesses generate extremely durable earnings (over 98% regulated or take-or-pay contracted). Enbridge's earnings are so predictable that it has achieved its annual financial guidance for 20 years in a row. That includes several turbulent periods in the energy market. The company has also increased its dividend (which yields over 5%) for 31 consecutive years (in Canadian dollars). Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 66,656.30 +130.04 (+0.20%)CL=F Crude Oil May 26 101.81 +2.17 (+2.18%)NQ=F Nasdaq 100 Jun 26 23,203.25 -125.25 (-0.54%)^N225 Nikkei 225 51,060.65 -2,312.42 (-4.33%)ES=F E-Mini S&P 500 Jun 26 6,383.75 -28.50 (-0.44%)PortfolioSign in to access your portfolioSign inTop gainersAGX Argan, Inc. 566.62 +155.77 (+37.91%)U Unity Software Inc. 19.45 +2.32 (+13.54%)ADV Advantage Solutions Inc. 25.57 +2.99 (+13.27%)ADMA ADMA Biologics, Inc. 9.25 +0.96 (+11.58%)MEOH Methanex Corporation 65.22 +5.76 (+9.69%)Top losersFLY Firefly Aerospace Inc. 23.71 -3.10 (-11.58%)YOU Clear Secure, Inc. 47.44 -5.96 (-11.16%)ASTS AST SpaceMobile, Inc. 78.67 -9.19 (-10.46%)HNGE Hinge Health, Inc. 36.25 -3.93 (-9.78%)ZETA Zeta Global Holdings Corp. 14.55 -1.53 (-9.51%)Most activeNVDA NVIDIA Corporation 167.52 -3.72 (-2.17%)INTC Intel Corporation 43.13 -0.97 (-2.20%)GRAB Grab Holdings Limited 3.5700 -0.1400 (-3.77%)TSLA Tesla, Inc. 361.83 -10.28 (-2.76%)NU Nu Holdings Ltd. 13.60 -0.42 (-3.00%)Top economic eventsEarnings eventsMy earnings eventsEarnings events