Shares of energy companies rose as deadlock over the Strait of Hormuz continued.
Crude oil futures gave back some of their recent gains but remained above the psychologically significant $100-a-barrel level as U.S. attempts to reopen the strait failed to get traffic moving.
Late on Tuesday, the United Arab Emirates said it had intercepted new attacks from Iran.
Meanwhile, China escalated its fight against the U.S. over Iranian oil, defying American sanctions in a show of resistance ahead of President Trump's visit to Beijing planned for next week.
Marathon Petroleum shares rose to all-time highs after the oil refiner said soaring fuel prices bolstered its first-quarter earnings.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
05-05-26 1716ET
