Reported 5 days ago
U.S. energy companies saw a rise in shares as crude oil prices increased by 3% due to heightened tensions in the Middle East. Following Iran's missile attack, both Israel and the U.S. indicated they would respond, prompting fears of a broader conflict. Brent crude prices rose to $75.82 per barrel, while energy sector stocks like Exxon Mobil and Chevron also gained significantly, reflecting investors' concerns and the volatile market conditions.
Source: YAHOO