US Stock Market Move | Oil stocks are rising, Battalion Oil (BATL.US) is up more than 7%.

On Tuesday, oil stocks rose, with Battalion Oil (BATL.US) up over 7%, Murphy Oil Corporation (MUR.US) up over 3%, Chevron Corporation (CVX.US) up over 2%, ConocoPhillips (COP.US) and Occidental Petroleum Corporation (OXY.US) up nearly 1%. On the news front, WTI crude oil futures touched an intraday high, breaking through $116 per barrel, up over 3% intraday; Brent crude oil futures were up nearly 1%, at $110.59 per barrel. US President Trump said that "the 8pm action will still take place" and that a "unprecedented strike" against Iran could still be launched, but if negotiations progress on that day, he did not rule out changing the decision.