European Energy Stocks Rise as Houthi Rebels Enter Middle East War -- Market Talk

Dow Jones

03/30

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)

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