US and Iran reach a memorandum of understanding; US oil and gas stocks fall Broadly: Exxon Mobil (XOM.N) down 5.6%, Chevron (CVX.N) down 4.4%, Occidental Petroleum (OXY.N) down 5.4%, ConocoPhillips (COP.N) down 4.9%.

2026-06-15

US and Iran reach a memorandum of understanding; US oil and gas stocks fall Broadly: Exxon Mobil (XOM.N) down 5.6%, Chevron (CVX.N) down 4.4%, Occidental Petroleum (OXY.N) down 5.4%, ConocoPhillips (COP.N) down 4.9%.