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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Analyst warns U.S.-Iran tensions may escalate after midterms, threatening tanker routes, Strait of Hormuz traffic and global oil prices.
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Chevron and Exxon hit 52-week highs as Iran tensions drove oil above $110, raising fears of Middle East supply disruptions.
Trump predicts diesel prices in the U.S. will plunge after Iran’s defeat, but says he may suspend federal diesel tax.
Trump may ease shadow-fleet restrictions amid soaring fuel and freight costs, as Hormuz disruptions raise oil-shipping risks.
https://www.bloomberg.com/news/articles/2026-10-20/russia-ships-the-least-oil-in-a-month-as-major-baltic-port-halts
https://www.bloomberg.com/news/articles/2026-10-20/uk-to-fly-missions-to-defend-saudi-arabia-from-houthi-attacks
– Reuters