Shares of energy companies rose as oil futures remained elevated.
Globally traded Brent oil contracts tested multiyear highs above $120 a barrel before closing down 3.7% at $114.01 a barrel.
Valero Energy shares were more or less flat after the San Antonio oil refiner posted brisk growth in quarterly profit buoyed by refining margins.
The Trump administration is inviting other countries to join a new international coalition that would ensure the safe passage of ships through the Strait of Hormuz.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
04-30-26 1740ET
