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Oil and gas companies are trading higher amid escalating conflict in the Middle East, which prompted the closure of the Strait of Hormuz. A deepening conflict threatens to disrupt global supply chains and crude transport flows.
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12 Energy Stocks Moving In Monday's After-Market Session
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Shares of oil and gas companies are trading higher after the U.S. and Israel launched strikes against Iran over the weekend. Iran's decision to close the Strait of Hormuz contributes to investor concern that conflict could spread across the region as tensions escalate and disrupt supplies.
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EON Resources Establishes Hedging Position At 60% Of Current Oil Production For Balance Of 2026, And 50% For Q1 Of 2027
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