NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil prices have surged about 15% this week as the U.S.-Iran war engulfs the Middle East.
American fuel makers are gobbling up Venezuela's heavy crude even as the U.S.-Israeli strikes on Iran have stalled global oil shipments.
While Iran is estimated to produce less than 5% of the world's oil, it has major influence over the Strait of Hormuz, through which more than 20% of the world's daily oil demand flows. Iran has alread
Rep. French Hill, R-Ark., joins 'Mornings with Maria' to discuss the Senate's rejection of the War Powers resolution, escalating U.S. strikes on Iran and the broader impact on China and global oil mar
WTI crude futures surge past $76 as supply risks ignite a bullish rally. With momentum targeting $80.72, discover the key levels driving the 5-week price high.
Global markets are diverging as the U.S.-Iran war enters its sixth day.
Federal Reserve officials have said they are closely monitoring oil price increases stemming from the war in Iran. They might pause interest-rate cuts.
Brent futures advanced close to the highs reached on Tuesday.
International oil benchmarks were up Thursday, as investors prepared themselves for a protracted conflict in the Middle East.
European natural-gas prices resume their rally amid supply concerns
Middle East conflict sends oil higher amid fears over Strait of Hormuz supply risks. Sanctions, discounts, and a strong ruble blunt the boost to Russia's oil revenue.
Crude oil prices rose as escalating U.S.–Israel strikes on Iran and the closure of the Strait of Hormuz increased supply risks, pushing Brent oil above $83 and Brent oil above $75 while technical

Oil prices rise as Iran conflict widens

08:53pm, Wednesday, 04'th Mar 2026
Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war ​chokes off vital Middle East oil and gas flows while production facilities
Oil rose in early Asian trade on prospects of prolonged supply disruptions driven by the Middle East conflict.
CNBC's Jim Cramer discusses the day's market action, the stocks he's watching and more.
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