Oil Producers' Shares Rise as US-Iran Tensions Boost Oil Prices

MT Newswires Live

01/30

Shares of oil producers rose on Friday as oil prices were boosted by rising geopolitical tensions between the US and Iran.

Shares of Woodside Energy rose almost 1%, Beach Energy (ASX:BPT) jumped 2%, and Santos (ASX:STO) gained over 3% in recent trade.

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