#middle-east-disruptions

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Business
from24/7 Wall St.
1 week ago

ExxonMobil Crushes Q1 2026 EPS Estimates by 15% - Here's What Investors Need to Know

ExxonMobil reported a strong earnings surprise with adjusted EPS of $1.16, despite challenges from derivative effects and Middle East supply disruptions.
fromAxios
2 months ago

Oil prices surge as Trump team readies to "mitigate" costs

We anticipated this could be an issue. He didn't offer details but said it's designed to 'mitigate against' the price impact. The U.S. does not have immediate plans to release oil from the Strategic Petroleum Reserve, Bloomberg reports. But ING analysts said in a note: 'The longer the Middle East disruptions last, the more likely we are to see coordinated emergency releases from several countries.'
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