XOM is trading at $170.44 (+3.03%) as oil prices surge above $107 per barrel on supply fears from Strait of Hormuz tensions and Australian LNG shutdowns.
- Brent crude rose 3% despite Trump extending the Iran strike pause to April 6, as geopolitical concerns persist.
- XOM is bucking the broader market decline, gaining on energy sector strength while the S&P 500 dropped 0.76%.