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      Shell and BP Shares Rise Amid Oil Price Surge Following US-Iran Talks Breakdown

      Shares of Shell PLC and BP PLC experienced an increase at the beginning of the week, standing out in a generally declining market. This uptick in stock prices coincided with a rise in oil prices, attributed to the collapse of peace negotiations between the United States and Iran.

      The FTSE 100 index saw a drop in early trading, with Shell and BP among the few companies that managed to gain ground. The developments in US-Iran relations have had a significant impact on market dynamics, particularly in the oil sector, as investors reacted to the potential implications for oil supply and pricing.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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