European Energy Stocks Fall as Investors Dial Back Bets U.S. Will Launch Iranian Strikes -- Market Talk

Dow Jones01-15

0831 GMT - European energy stocks slide in opening trade as investors deem its less likely the U.S. will launch military strikes against Iran. This is after President Trump told reporters that the U.S. had been notified Iran had "no plans to carry out any executions of protesters." The prospect of military action had given oil a much needed geopolitical premium in recent days, and caused oil stocks to rally late Wednesday. Brent is down 3.3% to $64.37 a barrel while WTI falls 3.2% at $60.05 a barrel. In London, BP falls 2.15% while Shell slides 1.3%. France's TotalEnergies drops 1.7% and Italy's Eni is down 2%. Portugal's Galp falls around 1%. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

January 15, 2026 03:31 ET (08:31 GMT)

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