European Energy Stocks Rise as Houthi Rebels Enter Middle East War -- Market Talk
Dow Jones03-30
0821 GMT - European energy stocks rise in morning trade and oil prices gain as Yemen's Houthi rebels join the Middle East war. There are concerns the group could attack alternative oil-export routes, including Saudi Arabia's east-west pipeline to the Red Sea. Brent crude rises 3.2% to $116.2 a barrel and is up 60% on the month, while WTI gains 2.2% to $101.81 a barrel. BP, Shell and TotalEnergies all rise around 1.5%. Norway's Equinor gains 2.5%. Spain's Repsol and Italy's Eni are up around 1.3%. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
March 30, 2026 04:21 ET (08:21 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments