The US stock market has the lowest valuation! Can the Red Sea crisis help the energy sector overcome its difficulties? In the current round of US stock rebounds that began in October last year, the energy industry has fallen far behind the market. As of the 12th, the energy sector fell nearly 3% during this period, while the S&P 500 index rose 16% during the same period. Throughout 2023, the energy industry experienced a 4.8% decline, becoming the second worst performing sector in the market. However, the increasingly tense situation in the Middle East has briefly boosted oil prices, prompting some investors to look forward to a rebound, and oil and gas companies are also accelerating integration to cope with the upcoming challenges.