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Oil Plunges Below $100 on Iran Ceasefire; Energy Stocks Lag Market Rally

Investing.com

Investing.com·Apr 9·Lee Yang

Oil Plunges Below $100 on Iran Ceasefire; Energy Stocks Lag Market Rally

US-Iran ceasefire announcement triggered broad market rally as crude fell below $100, but energy stocks significantly underperformed amid supply concerns.

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Exxon Mobil Tumbles 4.5% as 'War Premium' Unwinds Amid Iran Peace Signals

Benzinga

Benzinga·Apr 1·Lekha Gupta

Exxon Mobil Tumbles 4.5% as 'War Premium' Unwinds Amid Iran Peace Signals

Exxon Mobil shares fell 4.52% Wednesday as investors unwind geopolitical risk premiums after Trump and Iran signal potential military de-escalation, pressuring crude to $100/barrel.

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