XLE & Oil

European shares hold as markets weigh Iran diplomacy, await c.banks

Yahoo Finance (XLE, crude)·Oct 26, 2026 · 3:41 AM CT
Read the original at Yahoo Finance (XLE, crude)
Readthrough summary

European shares edged up Monday as crude eased about 1% on reports that Qatari mediators were in Tehran working with Washington to calm regional tensions. Brent jumped 6.2% last week to its highest weekly settlement since mid-2022 after Houthi strikes on Saudi energy sites. BP and Shell, which report earnings this week, weighed on London's FTSE.

Summary written by Readthrough from the original article. The full story, with photos and any updates, is at Yahoo Finance (XLE, crude).

Read the original at Yahoo Finance (XLE, crude)

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