Exxon Mobil Drops With Oil After U.S.-Iran Deal
Exxon Mobil shares slid Monday as oil prices sold off after the U.S. and Iran said they would end their war and reopen the Strait of Hormuz. Exxon last traded at $141.10, down about 4%. Shares hit a session low of $137.78. Brent crude dropped 5.02% to $82.95, while WTI lost 5.42% to $80.28 as of 10:54 a.m. EDT, according to Reuters.
