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UBS cited mounting concerns over global helium supply disruptions caused by Iran's drone and missile strikes.
UBS reiterated its Buy rating on Exxon Mobil with a $171 price target.
KEY POINTS
- UBS expects Exxon to benefit from global helium supply disruptions.
- Iran's drone and missile strikes on Qatar have disrupted helium production.
- Qatar is responsible for approximately 31% of global helium supply.
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