The energy sector experienced a significant upward move in the pre-market session, driven by a sharp increase in crude oil prices. [1, 2, 8] Brent crude futures rose above $91 a barrel, and WTI crude futures also saw substantial gains. [1, 2] The primary catalyst for this surge is the expiration of the US-Iran interim peace agreement, which has heightened concerns about potential disruptions to global energy supplies through the Strait of Hormuz. [1, 2, 8, 14] This geopolitical development is leading to a rally in oil and gas stocks, directly impacting the XLE ETF.