The energy sector is seeing a reversal in gains as the Trump administration considers using military force and government-backed insurance to keep oil and gas moving through the Strait of Hormuz to maintain low prices. Major energy assets including FANG, OXY, COP, BP, VG, XOM, CVX, and the XLE ETF are currently trading lower following recent volatility. The sentiment suggests that government intervention aims to prevent sizeable disruptions in oil supply that would otherwise drive global prices higher.