Shares of energy companies rose alongside oil futures as tensions in the Middle East built.

Iran-backed Yemeni rebels said they hijacked an Israeli-linked cargo ship with 25 crew members in the Red Sea over the weekend, heightening fears that the Gaza conflict could spread.

U.S.-traded oil futures completed the largest two-day percentage gain since April.

Write to Rob Curran at

(END) Dow Jones Newswires

11-20-23 1657ET