European energy stocks edge higher as oil stabilizes
European energy stocks posted slight early gains as oil prices halted their decline; elevated risks to shipping through the Strait of Hormuz remain, with a Monday incident involving a tanker reportedly struck by a projectile, per U.K. Maritime Trade Operations.
European energy stocks posted slight gains in early morning trade as oil prices stopped falling. Risks to shipping through the Strait of Hormuz remain elevated. K. Maritime Trade Operations.
However, there remains so…