Exxon Mobil shares rise 2.85% amid geopolitical tensions boosting oil prices

Exxon Mobil's stock gained 2.85% as escalating tensions between the U.S. and Iran pushed crude oil prices higher, with West Texas Intermediate crude jumping over 8%. The energy sector outperformed despite broader market declines, supported by strong technical indicators and positive analyst outlooks ahead of Exxon’s earnings report on April 14, 2026. The International Energy Agency warned of worsening supply disruptions, adding to market concerns. Investors are watching key support at $147.50 and resistance near $176.50 for Exxon’s stock movement.