Chevron, ExxonMobil Stocks Hit 52-Week Highs as Fresh US-Israel Threats Against Iran Push Brent Crude to 5-Month Highs
Chevron and Exxon hit 52-week highs as Iran tensions drove oil above $110, raising fears of Middle East supply disruptions.
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Why It Matters
Oil prices jumped to 5 month highs because of Iran tensions. When oil prices go up, oil company stocks often rise too.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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