Exxon, Chevron Stocks Rise. Why Iran Hormuz Closure Would Be Huge for Oil. - Barron's
1. Oil stocks rose modestly amid U.S. military actions in Iran. 2. XOM shares gained 1.9%, reflecting investor caution. 3. Concerns over potential Strait of Hormuz closure could disrupt oil supply. 4. Market sentiment remains uncertain without further developments from Iran. 5. Analysts suggest a wait-and-see approach until more clarity emerges.