US oil and gas stocks rise as crude prices climb on Iran tensions
U.S. oil and gas stocks rose Wednesday as crude prices climbed 3% due to Iran tensions. Brent futures gained $2.77 to $94.26, WTI added $2.27 to $88.31. Exxon Mobil (XOM) rose 1.3%, Chevron (CVX) gained 0.85%, and others like Devon Energy and EOG Resources climbed 0.9% to 2%. An ING analyst cited Middle East supply and US-Iran conflict uncertainty as factors.




