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Exxon Mobil in Focus as Crude Jumps on Middle East Shipping Disruption

Exxon Mobil logoExxon Mobil
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Crude prices surged after renewed strikes on Iranian sites and attacks on tankers near a key shipping chokepoint, deepening disruption. Exxon Mobil faces interruptions to Middle East operations and equity interests, but management says growth from Guyana and the Permian Basin largely offset lost barrels. Investors are focused on how the two effects net out for the year.

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