Tesla has benefited from higher oil prices in the past, so it might seem odd that crude is down sharply and the electric-vehicle maker’s stock is up. Benchmark oil prices were down more than 13% in early trading, below $95 a barrel. Hopes of an end to fighting in Iran are responsible for the moves.

More News

Market

Iran's IRGC say they targeted oil facilities including in Saudi Yanbu - Reuters

ReutersApr 8, 2026

Iran's IRGC say they targeted oil facilities including in Saudi Yanbu Reuters

More News

Market

Iran's IRGC say they targeted oil facilities including in Saudi Yanbu - Reuters

ReutersApr 8, 2026

Iran's IRGC say they targeted oil facilities including in Saudi Yanbu Reuters

← Back to News

Shell flags lower gas output, capital outflow amid Iran conflict but sees oil trading boost - Reuters | ZivFin News | ZivFin