Energy Stocks Gain as Oil Prices Surge, Futures Slide
Oil prices just exploded. Brent crude rose by about 10-14%, and WTI increased by over $5 per barrel, reaching nearly $75.This is the largest single-day jump seen since the Russia-Ukraine conflict began. Why the sudden energy stocks gain? It happened right after Israel launched airstrikes on Iran. That news shook global markets. Energy investors reacted…