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2026-01-09 17:54:42
[Geopolitical risks drive up oil prices, European energy stocks generally rise, industry consolidation boosts valuation expectations] ⑴ International oil prices surged overnight, driven by geopolitical risks, with benchmark oil prices settling up by more than 3%, leading to a general rise in the share prices of major European energy companies. ⑵ The direct trigger for the oil price increase was Trump's renewed warnings to Iran regarding tariffs, and progress in a US congressional bill aimed at further sanctioning Russian oil. ⑶ Shares of British oil giants Shell and BP rose by 1.7% and 1.55% respectively, while Total Energy of France rose by 1.7%, and Equinor of Norway led the gains with a 2.3% increase. ⑷ Energy companies in the Iberian Peninsula also rose along with the sector, with Spain's Riesling Energy rising by 0.7% and Portugal's Galp Energia rising by 1.4%. ⑸ Analysts pointed out that the merger negotiations between Galp and Spain's Moeve sent a positive signal to the valuation of energy companies in the Iberian region, indicating that industry consolidation may be a catalyst for value reassessment. (6) Current market conditions indicate that geopolitical tensions remain a key variable affecting oil prices and energy stocks in the short term, while mergers and acquisitions within the industry provide additional value support for individual stocks.
