Energy Stocks Surge As 'Operation Epic Fury' Ignites Middle East Oil Risk Premium - Chevron (NYSE:CVX)

Oil giants and related ETFs rocketed in pre-market action Monday, fueled by Brent crude’s sharp climb on U.S.-Iran hostilities. The weekend killing of Iran’s Supreme Leader Ayatollah Ali Khamenei in joint U.S.-Israeli strikes sent traders scrambling for energy exposure.President Donald Trump suggested that the current U.S. and Israel's military strikes against Iran, also called "Operation Epic Furry," could persist for “four to five weeks,” if necessary.Crude Rally Hits 8% on DisruptionsBrent crude surged r ...