Chevron's stock rallied 3.47% to $173.94 on Tuesday, July 7, amid Strait of Hormuz tanker attacks, then added roughly 2% Wednesday toward $177 as Trump declared the Iran ceasefire "over." Chevron caught the oil bid alongside a 20-year deal to power a data center, turning its natural gas into an AI-infrastructure play. On July 7, CVX rose 3.18% while Exxon jumped 3.25% and Shell added 3.71%. Wednesday’s escalation extended the move as crude surged 7% on Trump’s ceasefire declaration and the revocation of Iran’s oil waiver. Chevron’s recent strategic moves include securing long-term power agreements with major tech firms to support AI data centers. The stock hit an all-time high of $214.71 on March 30, 2026, and sits roughly 18% under that level after the two-day rally. The analyst consensus clusters around $205-220. The stock’s 52-week range runs from $145.58 at the low to $214.71 at the high. At around $177 after the two-day oil rally, CVX sits roughly 18% below that peak, a $38-40 gap representing the upside if the stock reclaims its record.