Energy stocks traded broadly higher Thursday, as increased tension in the Middle East fueled a surge in oil prices. The SPDR Energy Select Sector ETF /zigman2/quotes/206420077/composite XLE +0.41% jumped 1.8% in morning trading, with all 29 of its equity components trading higher, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.89% hiked up 215 points, or 0.8%. Among the more-active members, shares of Halliburton Co. /zigman2/quotes/210488727/composite HAL -0.32% rose 3.0%, Marathon Oil Corp. /zigman2/quotes/205031829/composite MRO +0.51% gained 3.2%, Schlumberger Ltd. /zigman2/quotes/201012972/composite SLB +0.74% tacked on 3.1%, Exxon Mobil Corp. /zigman2/quotes/204455864/composite XOM +0.35% advanced 1.7% and Chevron Corp. /zigman2/quotes/205871374/composite CVX +0.11% added 1.1%. Elsewhere, Chesapeake Energy Corp.'s stock /zigman2/quotes/201364537/composite CHK 0.00% powered up 4.4% on NYSE-leading volume of 6.3 million shares. August crude oil futures rallied 4.5%, after news that Iran's Revolutionary Guard said it shot down a U.S. drone. Also helping boost prices, data out Wednesday showed that U.S. crude supplies fell, and a firmer date for an Organization of the Petroleum Exporting Countries (OPEC) meeting was in place to review pledged production limits.