Am I buying the dip? NO! The war in Iran is not close to being resolved and, even when eventually it is resolved, the consequences will be negative for a long time.

Is the war close to being resolved because the U.S. has asked Pakistan to give a 15-point point ultimatum to Iran? Well, consider the statement from Ebrahim Zolfaghari, spokesperson for the Khatam al-Anbiya ​Central Headquarters (Iran's main military command) said yesterday: "Has the level of your inner struggle reached ‌the ⁠stage of you negotiating with yourself? You will see neither your investments in the region nor the former prices of energy and oil again, until you understand that stability in the region is guaranteed by the powerful hand of our armed forces." Tehran's position is the U.S. must shut down its Gulf bases and pay reparations. This is not close to being resolved.

Even if you are more optimistic than me about ending the war, the consequences will not resolve quickly. It will take a while for petrochemical production to ramp up, it won't ramp up to pre-war levels for many years due to infrastructure damage and the costs of transporting oil will be much higher due to insurance risks for many years.

No, I am not buying the dip. The only investments I'm making are in stocks that will do well by delivering products that are alternatives to high petrochemical costs (e.g. CLNE which retails natural gas fuel as an alternative to diesel).