Shares of energy companies ticked down as a run-up in oil paused.
Oil futures slipped, but remained within 2% of six-month highs as tensions between the U.S. and Iran simmered.
Iran's crude-oil loadings surged to multiyear highs this month as local producers appeared to preempt risks in a third round of nuclear talks with Washington.
British oil major Shell could turn to acquisitions to grow its reserves in the medium term, said analysts at brokerage Berenberg analysts.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
February 24, 2026 17:22 ET (22:22 GMT)
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