On Nov. 25, I was on CNBC World in Singapore and they were asking me about the new deal with Iran and how it would affect oil.

Well, of course initially, it causes oil to tank a bit. But it's my belief that it will be short-lived and that oil is heading higher overall.

Why? For starters, we don't know how long it's going to be before Iran pulls its next stunt. I think we all know this just buys them time. I'm sure the Iranian people are just fine, but their government is another story. Making a deal with them can be trusted about as much as making a deal with Charles Manson or the ole' devil himself.

You'll find that your depth of trust tends to coincide with someone's track record. And Iran's track record doesn't look so great. However, let's assume the best-case scenario and assume they turn over a new leaf. Then what?

Well, their oil production per day would rise eventually from 715,000 barrels per day up to 1 million barrels per day. However, just a couple of short years ago, they were cranking out 2.5 million barrels of oil per day. Therefore they are still net down a ton of barrels per day. And that lack of supply is still a positive for oil heading higher.

Secondly, I think we also see this confirmed in oil's reaction to the news. The initial deal sent Brent crude (which is the one the most affected) down to the $108s briefly, but by the end of the trading session, Brent crude was back up to almost $111 per barrel.

Additionally, Brent crude has broken a two-month long downward corrective line and is heading on its way higher now. It's also holding above its 50- and 200-day moving averages, which is also bullish for prices heading higher.

And finally, what's happening on a global level is MUCH more important to the oil market than what's just happening in Iran. And what do I see? I see proof in China's GDP data that its economic growth is picking back up. I see proof that Europe is in recovery mode and that Germany is actually producing positive GDP readings once again, which means they are growing once more. And I see proof that the United States is steadily "holding the line."

So with China growing, Europe in recovery mode and the United States holding up ok, that's going to put growing demand pressures upon the finite supplies of oil and cause oil to head higher.

But it's not just oil that's going to head higher. Natural gas is gearing up for its next rally after having consolidated sideways over the last few months. What's the stimulus that would cause it to break out to the upside? As the winter months are beginning, the seasonal demand for natural gas will be strong. Also, as economies are improving and people begin doing slightly better economically, they'll be more inclined to set their thermostats more where they want them than just where they feel they need them to be, thus increasing the demand placed upon natural gas.

So with Brent crude heading higher and West Texas Intermediate crude stabilizing once again and natural gas getting ready for its next leg higher, one of the best places I see to be right now is in energy stocks.

If you don't know which ones are worth buying, check out the Ultimate Wealth Report. We've got many energy stocks in there that are some of the largest in their industry, trading at cheap prices fundamentally . . .  and some of them even have huge dividend yields.

God bless!

About the Author: Sean Hyman
Sean Hyman is a member of the Moneynews Financial Brain Trust. Click Here to read more of his articles. He is also the editor of Ultimate Wealth Report. Discover more by Clicking Here Now.