US-Iran War Pulls European Stock Market to Two-Week Lows; Shell, BP, TotalEnergies, Other Energy Stocks Buck the Trend

US-Iran war pulls European stock market to two-week lows; Shell, BP, TotalEnergies, other energy stocks buck the trend

The pan-European STOXX 600 dropped 1.8% to its lowest since mid-February to 622.35 points, retreating from a record high hit on Friday, with most sectors traded sharply lower.

European stocks fall sharply as markets react to U.S., Israeli strikes on Iran

European stocks started the new trading week firmly in negative territory.

World Insights: Global leaders voice concerns, call for diplomacy following U.S.-Israeli strikes on Iran

World Insights: Global leaders voice concerns, call for diplomacy following U.S.-Israeli strikes on Iran

The BP and Shell share price are soaring today – are we looking at another massive spike?

The Shell (LSE: SHEL) share price jumped 5% in early trading today, with BP (LSE: BP) doing likewise. Anyone wondering why only needs to check the headlines. It’s down to the latest bout of Middle East turmoil. The FTSE 100’s weighting to oil and defence stocks is its saving grace today. I can say the same about my SIPP. I hold BP and weapons maker BAE Systems, and they’re helping to offset the pain elsewhere in my portfolio. So is this …

Oil surges, stocks slide, dollar rallies as conflict grips Middle East

Energy stocks were big gainers, however, up 4% in Europe to a new record high with energy giants BP ⁠and Shell each nearly 6% higher

How the financial markets have reacted to the attack on Iran

Financial and commodity markets are reacting to the new war and geopolitical crisis. Here are some initial reactions as they affect us