Brind.
  1. Geopolitical risk in the Middle East is affecting energy supply.
  2. 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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ConocoPhillips and Occidental are top holdings in XOP as Hormuz disruptions cut global oil supply.

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