XOM stock today jumps as oil price spikes on US-Iran tensions – here's what investors need to know about Exxon Mobil stock price target
XOM stock price today: Exxon Mobil's stock surged Monday, climbing to $160-$161 as escalating US-Iran conflict sent crude oil prices soaring. Brent crude jumped up to 13% and WTI over 8%, sparking fears of supply disruptions. This rally boosts Exxon's upstream earnings potential, despite potential refining margin pressures. The company also continues its robust shareholder returns.