In recent years, US exports of crude oil and liquefied natural gas (LNG) have taken on strategic significance—not only for industry giants like ExxonMobil $XOM and Chevron $CVX, but also for broader macroeconomic indicators such as the S&P 500. Amid ongoing trade tensions, many Asian governments are actively rethinking their import structures and increasing purchases of US hydrocarbons.

Monday marked significant developments in the stock market as the shares of energy giant BP $BP experienced a noteworthy increase. The stock rose by 7% in the morning trading session, driven by Elliott Management's decision to boost its stake in BP. This move has caught the attention of investors and analysts who anticipate changes in BP's strategy and board composition.