European energy stocks firm as oil jumps on lingering U.S.-Iran tensions

Var Energi ASA

28/04/2026 08:57

** European oil and gas stocks rise in a muted market, tracking a fresh rise in crude prices as efforts to defuse the U.S.-Iran conflict appear to be stalling

** BP BP.L, Eni ENI.MI, Repsol REP.MC, Gaztransport GTT.PA, Neste NESTE.HE, Var Energi VAR.OL, Equinor EQNR.OL up 2.3%-3.2%

** Brent crude futures LCOc1 climb around 3%

** STOXX Oil & Gas .SXEP gains 1.4%, taking YTD gains to about 35%, while the broader STOXX 600 .STOXX is up 0.06%

 (Reporting by Danilo Masoni)