The U.S. military intercepted two Iranian oil supertankers, Hedy and Hero II, that tried to evade its blockade, Bloomberg’s Weilun Soon reports. The U.S. blockade against Iran, which has resulted in a significant oil-supply loss, has directed vessels to turn around or return to port, with Tehran threatening vessels in the Strait of Hormuz. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP:
- BP price target raised to 700 GBp from 640 GBp at RBC Capital
- BP price target raised to $58 from $41 at Scotiabank
- VP JD Vance pauses trip to Pakistan for talks, WSJ reports
- BP Updates Total Voting Rights After April Treasury Share Transfer
- Oil prices rebound after U.S. seizes Iranian ship, CNN reports
