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Investors leaned onto U.S. energy stocks on Monday, with the widening conflict in the Middle East boosting shares of major U.S. exploration and production and integrated-energy companies, in particular Chevron, whose stock zoomed toward a record high.
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Defense spending is set to get "more urgent and less controversial," an analyst notes, and numerous stocks could benefit.
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BCA Research reiterate their conviction in energy and oil services companies, while adding a shipping tanker ETF
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