TMD Energy Stock Surges 85% Amid Geopolitical Tensions
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TMD Energy (TMDE) shares skyrocketed 84.57% in pre-market trading following Israel''s attack on Iran''s nuclear facilities. The geopolitical escalation triggered volatility across energy markets, particularly benefiting oil-related stocks.
The marine fuel specialist saw trading volume explode to 35 million shares - dwarfing its 270,000-share daily average. Yesterday''s 3.4% decline was abruptly reversed as conflict fears reshaped market sentiment.
Energy sector rallies during supply disruptions reflect classic market behavior. TMD''s bunkering services for marine gas oil position it directly in the disruption''s path, though such geopolitical premiums often prove temporary.
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