- Geopolitical risk in the Middle East is affecting energy supply.
- Oil markets are reacting to geopolitical risks in the Middle East, specifically the closure of the Strait of Hormuz, affecting Brent crude and major energy companies like Mobil and ConocoPhillips.
ConocoPhillips and Occidental are top holdings in XOP as Hormuz disruptions cut global oil supply.
1 report, 1 independent
Updated Aug 15
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What happened
ConocoPhillips and Occidental are top holdings in XOP as Hormuz disruptions cut global oil supply.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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ConocoPhillips
American oil and gas company
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Occidental
district in Cartago canton, Cartago province, Costa Rica
Nothing else this week.
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran