Oil fluctuated as investors assessed the widening impact of the US-Iran war on Middle East energy markets, with the conflict entering a fifth day. West Texas Intermediate steadied to settle under $75 a barrel after surging roughly 11% in the previous two sessions.
Exxon has scheduled its first-ever gasoline shipment from the U.S. Gulf Coast to Australia amid a global fuel export crunch because of the war in the Middle East. The shipment is one of two scheduled for this month
Curious Minds Corner
What is the Marcellus formation?
The Marcellus is a sedimentary rock formation in Pennsylvania, New York, and West Virginia, key to modern fracking operations.