The surge in oil prices triggered by the war in Iran could benefit American oil companies. Yet, price volatility, market expectations and ongoing geopolitical uncertainties are currently limiting the anticipated gains.

Oil prices have shot up as the war snarls transportation and production in one of the most energy-rich regions on earth.

The surge in oil prices triggered by the war in Iran could benefit American oil companies. Yet, price volatility, market expectations and ongoing geopolitical uncertainties are…