In today’s Wall Street Confidential video on TheStreet.com, Cramer said the standoff in Iran should keep oil prices higher.  The higher oil prices may reignite the earnings in the sector.  Cramer thinks that Iran is trying to show that it thinks it can do whatever it wants and he thinks the global tensions will put in a floor in oil.  He also thinks this is a good story for gold.

He noted Yamana (AUY) and Halliburton (HAL) in the gold and oil sectors, but those were the only two stocks noted today in what is a very broad issue.

Jon C. Ogg
March 26, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.