1015 GMT - European energy companies move higher as oil gains on concerns that the U.S. could carry out military action against Iran. Oil prices rise to their highest level since late September, with Brent crude up 2.7% to $69.21 a barrel, while WTI gains 2.2% to $63.68 a barrel. Iran pumps around 3.3 million barrels a day and exports roughly 1.5 million barrels a day. In London, BP rises 2% and Shell is up 1.8%. Harbour Energy jumps 5%. Italy's Eni is up 2.25%, Portugal's Galp Energia climbs 3%, while France's TotalEnergies gains 1.7%. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
January 29, 2026 05:15 ET (10:15 GMT)
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