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Stock impact report

U.S. crude oil hits two-month high, tops $84 per barrel amid war and hurricane fears [CNBC]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: CNBC
As oil extends its rally, gasoline prices have hit $3.50 per gallon average ahead of the Fourth of July holiday, according to the motorist association AAA. Prices at the pump are 3 cents higher than last week, but are still lower than last month. Here are today's energy prices: Oil prices gained 6% last month after sagging in May as geopolitical risk has entered the market again. Eighteen Israeli soldiers were injured Sunday in a drone attack launched by the Iran-backed militia Hezbollah. Israel and Hezbollah have exchanged fire across the Lebanon border for months, but tensions have escalated in recent weeks as the two sides have threatened war. An Israeli invasion of Lebanon to push back Hezbollah could lead to a direct confrontation with OPEC-member Iran, analysts have warned. Traders are also worried that an early and active hurricane season could disrupt refineries and oil production along the U.S. Gulf Coast. Hurricane Beryl has strengthened into a Category 5 storm afte Show less Read more
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