Stock Track | Occidental Surges 5.44% as US Strikes on Iran Boost Oil Stocks
Occidental saw its stock price soar by 5.44% in Sunday's trading session, riding the wave of a broader rally in oil stocks. The surge comes in response to escalating geopolitical tensions, as the United States launched strikes on Iran's nuclear sites over the weekend.The unexpected military action sent shockwaves through global markets, causing West Texas Intermediate crude to jump as much as 2.38%. This sharp increase in oil prices has led to a notable uptick across the energy sector, with sev