Oil Stocks Rally as Geopolitical Tensions Escalate
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BTCCSquare news:
APA shares surged 4.1% amid a broader rally in oil stocks, fueled by escalating tensions between NATO and Russia. President Trump's unexpected shift in stance—endorsing Ukraine's territorial reclamation and advocating for European energy sanctions against Russia—ignited fears of supply disruptions.
The geopolitical pivot sent crude prices higher for a second consecutive day, though from depressed levels. Market participants now weigh the potential for retaliatory measures disrupting global energy flows, with TRUMP explicitly calling for tariffs on Russian exports unless Europe joins the embargo.
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