Woodside Energy Group, Ampol Shares Climb Higher As US President Trump Issues Ultimatum to Iran

MT Newswires Live

Mar 23

Woodside Energy Group (ASX:WDS) and Ampol (ASX:ALD) shares rose nearly 1% in recent trading on Monday, reaching a two-year peak and a one-year peak, respectively, after US President Donald Trump issued a 48-hour ultimatum on Saturday evening to Iran to target its electricity grid over its closure of the Strait of Hormuz.

Iran said it would strike the energy and water systems of its neighbours in the region in retaliation.

Meanwhile, shares of Viva Energy Group (ASX:VEA) rose past 1%, and those of Santos (ASX:STO) climbed nearly 1%.

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