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Oil Plunges as Geopolitics Confuse Markets | Odessa News
Oil prices nosedive from $84 to $75.98 a barrel, dragging down energy stocks like Chevron and ExxonMobil despite strong earnings — though a few energy services saw gains. Political drama adds chaos: tough talk on Iran Friday, sudden Saudi-Iran talks over weekend, Iran denies any deal Monday, yet oil rebounds to $80 by day’s end. Treasury Secretary hints at imminent Hormuz deal Tuesday, fueling market jitters. Meanwhile, tech surges on AI hype, echoing historic market tops — a volatile time to tread carefully in both sectors. Listen in comfort:Get a discount on a Soli Pillow…
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