StocksMedium•28 September 2026•
1 min read
Exxon Mobil Stock Rises as Oil Recovers on Geopolitical Tensions
Key Facts
1Exxon Mobil stock advanced on Monday as global oil prices rebounded.
2President Trump rejected an Iranian proposal aimed at resolving the conflict and reopening the Strait of Hormuz.
Exxon Mobil stock advanced on Monday as global oil prices rebounded. Benzinga reported that President Donald Trump rejected an Iranian proposal aimed at resolving the conflict and reopening the Strait of Hormuz, a move that heightened concerns over regional supply security.
XOM closed at $160.59 on September 25, 2026, after reaching a day high of $161.79. During the same session, peer energy stocks also saw action with CVX closing at $204.45 and BP closing at $44.15 on September 25, 2026, as geopolitical risks continued to influence the sector.