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Halliburton Extends Rally as Oil Rises on Estonia–Russia Airspace Incident

Traders priced in near‑term supply risk after Estonia reported a Russian airspace incursion.

Overview

  • Halliburton shares rose 7.34% to $24.27, marking a fourth straight advance for the oilfield‑services firm.
  • Brent crude gained 1.59% to $67.63 per barrel and West Texas Intermediate added 0.46% to $63.70.
  • Estonia reported Russian jets hovered over its airspace for more than 10 minutes, prompting an emergency NATO meeting and a stern warning to Moscow.
  • Russia rejected the allegation and accused Estonia of provoking tensions, underscoring the dispute that lifted energy markets.
  • Market commentary linked the move to supply‑risk concerns, with additional pressure from reports of possible extended Russian diesel export limits and President Trump urging Europe to stop buying Russian gas.