These 7 Energy Stocks Are Rallying as Crude Tops $90 on US Strikes in Iran
US strikes on Iran near the Strait of Hormuz sent WTI crude up 5.4% to $90.38. Seven energy stocks rallied and the 10-year yield hit 4.80%.
Stocks · News reference
Trump May Open the Hormuz, But He Can’t Prevent Next Oil Shock
The investment community watching the Strait of Hormuz is treating a possible armistice, freer tanker traffic and pressure from Washington as if they could settle the oil market’s bigger question. They may calm spot
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Jim Cramer: Williams Companies Is 'Terrific,' This Tech Company Had An ‘Amazing’ Quarter
Jim Cramer shares his opinions on Rocket Lab, Canadian Natural Resources, Palantir, IBM and Williams Companies on Mad Money Lightning Round.
Shares of oil and gas exploration and production companies are trading higher amid crude price gains due to continued Iranian demands over war reparations, unfreezing of sanctioned assets, and Strait of Hormuz tolling as negotiations with the U.S. may have reached an impasse.
Seaport Global Initiates Coverage On Devon Energy with Buy Rating, Announces Price Target of $65
Seaport Global analyst Vin Lovaglio initiates coverage on Devon Energy (NYSE:DVN) with a Buy rating and announces Price Target of $65.
Google Just Locked Up the Largest Geothermal Power Deal Ever Made.
Fervo Energy signed a massive geothermal power deal with Google to supply 396 MW of electricity from its Cape Station project in Utah starting in 2028, with an option to expand to 1 GW by mid-2030. The agreement addresses the critical need for reliable, clean power to support AI data center expansion and validates Fervo's enhanced geothermal technology model.
Citigroup Maintains Buy on Devon Energy, Raises Price Target to $67