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Exxon Mobil (XOM) Surges As Middle East Tensions Send Oil Prices Higher - Exxon Mobil (NYSE:XOM)

Summary by Benzinga
Exxon Mobil stock is rallying as oil prices post their strongest weekly gain since 2022. Escalating Middle East tensions threaten global supply, boosting prospects for major energy producers.

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The President of the Federal Association of Wholesale Trade, Foreign Trade, Services BGA, Dirk Jandura, warns of the consequences of the growing tensions between Israel and Iran. The price of crude oil has already risen significantly.

The U.S. and European stock markets closed downwards, while the price of oil marked a rise that reached 13% Read more

·Buenos Aires, Argentina
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The burstile markets closed the week with generalized cads.

Oil and tanker stocks up, airline stocks down.

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  • 50% of the sources are Center, 50% of the sources lean Right
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Benzinga broke the news in New York, United States on Friday, June 13, 2025.
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