US energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize global energy routes. The deal eased fears of Strait of Hormuz disruptions, leading to a sharp decline in oil prices and impacting major energy producers and refiners worldwide.
US energy stocks experienced a significant downturn on Monday. This decline was triggered by a sharp fall in crude oil prices. The dip in oil prices followed a breakthrough US-Iran agreement, which eased global energy route stability concerns, impacting major energy producers…
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