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European Energy Stocks Fall as Oil Slumps on Renewed U.S.-Iran Diplomacy -- Market Talk

European Energy Stocks Fall as Oil Slumps on Renewed U.S.-Iran Diplomacy -- Market Talk

Dow JonesDow Jones2026/08/03 07:31

0731 GMT - European energy stocks open lower on slumping oil prices as President Trump prioritizes diplomacy and says new talks with Iran will begin Monday. This pushes Brent down 5.2% to $83.41 a barrel, while WTI falls 3.3% to $73.94 a barrel. In London, BP falls 2.1% and Shell drops 1.2%. France's TotalEnergies, Italy's Eni and Spain's Repsol all fall around 2.2%. Norway's Equinor is down just over 3%. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

August 03, 2026 03:31 ET (07:31 GMT)

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