Baytex Energy Corp. ( TSX:BTE )( NYSE:BTE ) rose 1.98% on May 7, and shares are up 50% in 2018 so far. The stock is up nearly 70% over a three-month span. Even Kinder Morgan Ltd. (TSX:KML), which is in the midst of a dramatic battle over the future of the Trans Mountain expansion project, has seen its stock rise 3.2% week over week. U.S. law would empower the Treasury Department to sanction international financial firms that transact with Iran. Obama-era sanctions asked allies to reduce imports of Iranian oil by 20% every 180 days to apply maximum pressure. Investors should be prepared to watch the transition period closely as the administration determines how it will proceed.