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What’s next for the Woodside share price?

What’s next for the Woodside share price?

The Woodside Energy Group Ltd (ASX: WDS) share price is $29.96, down 1%, despite oil and gas prices continuing to climb today.

The largest ASX 200 oil share remains 5.6% up on its Friday close after the US and Israel attacked Iran over the weekend.

The attack pushed oil prices significantly higher on expectations that global supply will be disrupted as a result of the attack.

The Woodside share price has been on a consistent upward trajectory in the new year and is currently up 27% year to date.

Woodside shares reached an 18-month high of $28.37 on Friday, then soared 6.4% yesterday due to the weekend’s events.

A hipster-looking man with bushy beard and multiple arm tattoos sits on the floor against a sofa reading a tablet with his hand on his chin as though he is deep in thought.

Image source: Getty Images

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