LIGNET’s advice to oil sector investors is simple: protect against downside risks while simultaneously positioning capital so that it can reap a large upside reward if economic and political conditions suddenly change and push stock prices upward. The companies listed below are currently inexpensive relative to their earnings and could quickly rise in the event of a crisis with Iran, which some experts believe is inevitable. Iran’s government has already made loud noises about closing the Strait of Hormuz in response to the West’s efforts to halt its nuclear weapons program and a new EU embargo of Iranian oil that kicked in on July 1.