Energy Stocks Gain Pre-Market, Chevron Rises Over 2% as Escalating US-Iran Conflict Drives Up Oil Prices
TradingKey - On August 31, US energy stocks rose broadly in pre-market trading. As the US-Iran conflict escalated again, mounting market concerns over potential shipping disruptions in the Strait of Hormuz drove international oil prices noticeably higher, boosting the energy sector. Chevron (CVX) rose 2.42%, while Halliburton (HAL) gained about 2.46% in pre-market trading.
TradingKeyMon, Aug 31