Short-term rebound in oil prices is unlikely to overcome structural bearish factors, energy stocks continue to show weakness.

According to the Wise Finance APP, the recent conflict between Israel and Iran has led to a rebound in international oil prices, almost returning to the levels before the announcement of the "Liberation Day Tariffs" on April 2nd. However, energy stocks have not strengthened in sync and are clearly lagging behind. This indicates that the market still considers this conflict as a short-term disturbance and has not shaken its judgment on the "fundamentally bearish" outlook for the oil market.