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00:02Oil and gas stocks rallied.
00:05Tuesday after U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran.
00:11The strikes followed overnight attacks on two oil tankers in the Strait of Hormuz.
00:16WTI crude jumped 4.7% to 90.46 a barrel, while Brent rose 4.6% to 95.5.
00:25ExxonMobil gained 2.3% and Chevron rose 2.1%, while oil exploration and production stocks climbed 1.8%
00:31to a 52-week high.
00:32The broader S&P 500 fell 0.7%.
00:35The 10-year Treasury yield rose to 4.80%, its highest level since January to an I-25.
00:41Crude has climbed 57% since December 31st, while the energy sector is up 44.8% this year.
00:47For all things money, visit Benzinga.com.
