Escalating US-Israel-Iran conflict sparks market turmoil: airlines and cruises drop 5-7% on fuel fears, while defense firms like Lockheed soar amid rising geopolitical tensions. Oil jumps sharply.
Devon Energy and Coterra announce $58B merger creating premier shale operator with strong Delaware Basin position and $1B annual synergies.
US oil company shares jumped after Trump announced plans to control Venezuela's oil. Chevron, Exxon, and ConocoPhillips lead gains as access to world's largest reserves opens up.
Sable Offshore stock jumps 19% after federal regulators approve restart plan for Las Flores Pipeline System, marking progress for controversial California offshore oil project.
Chevron and Exxon reported stronger-than-expected Q3 earnings, with Chevron's Hess acquisition boosting production and both companies maintaining growth despite declining oil prices.
