Shares of energy companies fell alongside oil futures as the odds of a U.S.-Iran conflict decreased.
President Trump was advised that a large-scale strike against Iran was unlikely to make the government fall and could spark a wider conflict, U.S. officials said, and for now will monitor how Tehran handles protesters before deciding on the scope of a potential attack.
Crude oil fell 4.6% to around $59.19 a barrel.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-15-26 1752ET
