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Finance & Markets

Murphy Oil Bets on Israeli Gas Near Leviathan

Israel’s Energy Ministry on Monday awarded six offshore natural gas exploration licenses to Houston-based Murphy Oil and Israel’s Ratio Energies, eight months after the war with Iran forced Israel to shut its biggest gas field. The Zone G licenses cover about 1,700 square kilometers of seabed roughly 25 kilometers southwest of Leviathan. Murphy will operate the licenses, and each partner holds…

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Monday's ETF Movers: PSI, KWEB

In trading on Monday, the Invesco Semiconductors ETF is outperforming other ETFs, up about 8.7% on the day. Components of that ETF showing particular strength include shares of Cohu, up about 12.9%…

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