Energy stocks track oil price rise amid geopolitical tensions

S&P 500 energy index .SPNY up 1%, tracking a rise in oil prices O/R

Brent crude futures LCOc1 up 1.7% at $65.73/barrel, while U.S. West Texas Intermediate crude CLc1 rises 1.9% to $63.74/barrel

Oil prices rose due to rising geopolitical tensions as the war in Ukraine ramped up despite peace talks and Iran was set to reject a U.S. nuclear deal proposal that would be key to easing sanctions on the major oil producer

Energy majors Chevron CVX.N and Exxon Mobil XOM.N up 1.6% and 1% respectively

Occidental Petroleum OXY.N, Devon Energy DVN.N, Diamondback Energy FANG.O and APA Corp APA.O up between 2.6% and 3.4%; among top percentage gainers on the energy index

Oilfield services companies Halliburton HAL.N and SLB SLB.N rise 2.3% and 2.1%, respectively

Refiners Phillips 66 PSX.N and Marathon Petroleum MPC.N gains 2.4% and 2.6%, respectively