Iran war and an AI power deal both lift Chevron, a Buffett Wallet holding

Two tailwinds are lifting Chevron. War with Iran has pushed crude past $100 a barrel, and every dollar flows straight to Chevron's oil earnings. Separately, it signed a 20-year deal to burn cheap Permian gas that used to sell at a loss, powering a Microsoft AI data center. Both feed a stock that sits at 7.5% of Warren Buffett's tracked portfolio.