The European energy sector is experiencing a significant rally due to escalating tensions between Israel and Iran, leading to a sharp increase in oil prices and energy shares. The Euro STOXX 600 Energy index has risen nearly 8% this month, contrasting with a 1% decline in the broader index. Major companies like BP, Eni, and TotalEnergies have seen substantial gains. Analysts warn that geopolitical risks could keep oil prices elevated, with potential disruptions in the Strait of Hormuz threatening global oil supply. President Trump is considering US military involvement in the conflict. Teljes cikk (Euronews.com)