While the crude oil price soared upwards, the stock prices on the stock exchange in New York fell in the wake of Friday's escalated conflict in the Middle East between Israel and Iran.
Iran is one of the world's largest oil producers, although exports have been reduced by Western countries' sanctions against the country. The oil price rose by around 7 percent – and the shares in oil giants such as Exxon Mobil and BP rose by 2.2 and 1.6 percent, respectively.
Companies that in their operations use a lot of fossil fuels went in the other direction. The airline United Airlines fell by 4.4 percent and the cruise company Norwegian Cruise lost 5.0 percent.
The broad S&P 500 index fell by 1.1 percent, Nasdaq's technology-heavy composite index by 1.3 percent and the Dow Jones industrial index by 1.8 percent.
