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Energy Stocks Defy Turmoil as Trump Tariffs Rattle Markets [Yahoo! Finance]
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Trump's stance includes a 10% baseline tariff on most U.S. imports, with increased duties on major trade allies, including China and the EU. This policy shift has already sent ripples through the commodities market, driving down oil, copper, and agricultural prices as worries about weaker global demand mount However, amid all this economic uncertainty, the energy sector has proven to be a standout performer. While broader equity markets, including the S&P 500, have stumbled, falling more than 4% year to date, the energy sector has remained resilient, posting gains of around 10% in 2025. This impressive performance highlights the strength of energy stocks like ExxonMobil XOM, Chevron CVX and Devon Energy DVN, which have shown remarkable stability in an otherwise turbulent market. While the tariffs could weigh on global economic activity and reduce oil demand, they also have the potential to tighten supply. Trump's warning of additional sanctions on nations buying Venezuelan crude c
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- The best of 2025: oil and gas headlines from across the Permian Basin [Yahoo! Finance][Yahoo! Finance]
- Chevron Ships Venezuelan Crude Despite Rising U.S. Pressure [Yahoo! Finance][Yahoo! Finance]
- Market Chatter: Chevron Set to Export 1 Million Barrels of Oil From Venezuela [Yahoo! Finance][Yahoo! Finance]
- U.S. Futures, Global Markets Rise as Commodities Spurred by Trump's Venezuela Blockade [Yahoo! Finance][Yahoo! Finance]
- Oil jumps 2% as Trump's Venezuela blockade stokes uncertainty [CNBC][CNBC]
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