Recent hostilities between the US and Iran have capped post-initial public offering (IPO) gains in the share price of Saudi Aramco and kept the giant oil company's market capitalization below the $2 trillion level that Riyadh was targeting. At the height of the tensions between Washington and Tehran this past week, Aramco's shares moved in the opposite direction from Western oil majors such as Exxon Mobil, Royal Dutch Shell and BP, which all saw their shares rise along with crude oil futures and the S&P Global Oil & Gas Index.
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