Shares of oil and gas companies are trading higher amid the ongoing conflict in the Middle East as Israel claims it struck Iranian naval leadership overseeing Strait of Hormuz operations. Iran recently rejected an American ceasefire plan and launched missiles against Israel and other Gulf Arab countries, which prolongs the supply disruption. - APA (NASDAQ:APA), Battalion Oil (AMEX:BATL), ConocoPhillips (NYSE:COP), HF Sinclair (NYSE:DINO)
Published on March 26, 2026.
The ongoing conflict in the Middle East has resulted in increased interest in oil and gas companies. This comes after Iran rejected an American ceasefire plan and launched missiles against Israel and other Gulf Arab countries. The situation continues to escalate.
. The article also mentions the potential for a nuclear war.
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