Chanel, of course.
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Penelope Cruz 2022 Oscars Red carpet chanel black dress
Credit: Photo by ANGELA WEISS/AFP via Getty Images

Penélope Cruz is certainly turning heads at the 94th Academy Awards. The actress, who is nominated in the Best Actress in a leading role category for Parallel Mothers, arrived on the red carpet wearing a Chanel gown — but her tweed necklace may be more impressive than her dress.

And Penélope showed up and showed out in a floor-sweeping inky halter dress with a spotlight-stealing princess skirt. The bodice featured a keyhole cutout with a necklace that referenced Chanel tweed, one of the brand's most recognizable signatures. The bodice also had a long row of buttons and ruched gathering. Cruz added a huge diamond ring and swept her caramel hair to one side.

In 2020, Penélope wowed at the most prestigious awards ceremony of the year in a stunning black Chanel gown with a pearl-belted midsection, pleated bubble skirt, and a white flower embellishment. This year marks the actress's fourth nomination and would be her second win — she took the trophy for Best Supporting Actress in 2008 for her role in Vicky Cristina Barcelona.

Penelop Cruz 2022 Oscars Red Carpet Chanel
Credit: Photo by Kevin Mazur/WireImage

Penélope and Javier aren't the only spouses dually nominated tonight. The 2022 Oscars are shaping up to be somewhat of a date night for Hollywood hunnies with husband-and-wife duo Kirsten Dunst and Jesse Plemons also simultaneously nominated in Best Supporting Actor and Actress categories for The Power of the Dog.

At least it's a win-win situation if only one member of the relationship takes home the little gold man.