The geopolitical conflict in the Middle East is creating market risk for energy companies, specifically impacting Occidental Petroleum, whose shares are held by Berkshire Hathaway.

The entities involved

• Berkshire Hathaway →

  American multinational conglomerate holding company

  • ExxonMobil, Berkshire Hathaway, and Eli Lilly are top holdings in the Avantis ETF.Mon 17:18
  • Howard took over as non-executive chairman, was appointed as successor and CEO, and subsequently stepped down from the chairman role.Mon 16:15
• ExxonMobil →

  American multinational oil and gas corporation

  • ExxonMobil will operate an unconventional hydrocarbon project in Azerbaijan, following an announcement by Rovshan Najaf.Mon 15:01
  • Guyana shares oil revenues under the Stabroek Block PSA, with the government explaining the revenue flows through the Ministry of Natural Resources.Mon 03:16

Related events

• Geopolitical tensions escalate in the Middle East, marked by a partitioned zone between Kuwait and Saudi Arabia and the impact of the Iran war on oil stocks.Sep 11
• The Iran war is impacting energy stock prices, while local market fluctuations are reported in Adams and Hall Counties, involving ExxonMobil and Eli Lilly.Aug 28
• Middle East conflict impacts global oil prices, while Berkshire Hathaway's leadership transition and IPO market delays are reported.Sep 20