TMD Energy Stock Jumps 85% on Israeli Attack on Iran

TMD Energy (TMDE) stock surged 84.57% in pre-market trading after Israel attacked Iran's nuclear program, causing volatility in energy stocks. The stock rallied alongside other energy stocks related to the oil industry. TMDE offers marine fuel bunkering services, including marine gas oil and marine fuel oil supply and marketing. Heavy trading saw over 35 million shares change hands, compared to a daily average of 270,000 shares.

Oil prices surged significantly on June 13, 2025, as geopolitical tensions in the Middle East escalated following Israel's airstrikes on Iran's nuclear facilities. The attack, which targeted Iran's key enrichment facility at Natanz and other strategic sites, has caused widespread concern among investors about potential supply disruptions in the oil-rich region.

The Brent crude price surged by 13% to an intraday high of $78.50, reaching its highest level since January 27, 2025. Similarly, US West Texas Intermediate (WTI) crude rose by over 12% to a high of $77.58. This marked the sharpest single-day gain in crude oil prices in over two years [4].

The surge in oil prices was driven by fears of supply disruptions, as Iran is a significant producer and exporter of crude oil. Iran produces around 3.3 million barrels per day, accounting for approximately 3% of global crude supply, and exports about 1.5 million barrels daily, with China being its primary export destination [4].

In response to the escalating tensions, energy stocks experienced significant volatility. TMD Energy (TMDE) stock surged 84.57% in pre-market trading, with over 35 million shares changing hands, compared to its three-month daily average trading volume of 270,000 shares [2]. The stock's rally was driven by the increased demand for marine fuel bunkering services, particularly marine gas oil and marine fuel oil supply and marketing, in anticipation of potential supply disruptions in the region.

The U.S.-China trade deal and soft inflation report earlier in the week had boosted demand expectations and led to a rebound in oil prices. However, the latest developments in the Middle East have reversed this trend, causing prices to surge once again [1].

The energy sector led stock market gainers on Wednesday, with oil companies such as Occidental Petroleum (OXY) and ConocoPhillips (COP) finishing up more than 2% each [1]. The increased demand for oil and related services has led to a rally in energy stocks, including TMD Energy.

The Middle East is home to much of the world’s oil supply, and any significant disruptions could have a profound impact on global energy markets. As the situation unfolds, investors are closely monitoring the developments and the potential implications for oil prices and energy stocks.

References:
[1] https://finance.yahoo.com/news/oil-prices-jump-2-month-213009666.html
[2] https://www.tipranks.com/news/tmd-energy-stock-tmde-rockets-85-on-overseas-conflict
[3] https://menafn.com/1109659606/Gulfnav-Secures-871-Million-Deal-To-Bolster-Oil-Storage-Hub
[4] https://www.outlookbusiness.com/markets/crude-prices-surge-13-brent-tops-78bbl-as-iran-israel-conflict-flares-up