U.S. Energy Stocks Climb as Oil Prices Rise on Strait of Hormuz Disruption
U.S. energy equities rose Tuesday after Brent and West Texas Intermediate futures advanced following renewed disruptions tied to the Strait of Hormuz and stalled efforts to resolve the Iran war. Major integrated oil companies, upstream producers, oilfield service firms and refiners all logged intraday gains as markets reacted to tighter supply pros…