Stock Movers Shell Dips, Lufthansa Rises, Berkeley Tumbles
Apr 1, 2026
Chloe Malay, a Bloomberg reporter covering European equities and energy, aviation and housing moves. She outlines how energy market swings nudged Shell lower. She explains why airlines like Lufthansa rose amid easing fuel fears and contingency planning. She also covers why Berkeley plunged after warning of weaker medium‑term earnings tied to geopolitical and rate risks.
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Oil Stocks Slide On Hints Of Iran Deescalation
- Oil majors fell after comments that the Iran war may end soon, driving oil prices down and reversing recent gains for energy stocks.
- Chloe Malay ties the drop to Trump saying the US could leave Iran in two to three weeks despite contradictory statements and Strait of Hormuz risks.
Airlines Gain As Fuel Fears Ease
- Airlines rallied on optimism the Middle East conflict might end, easing jet fuel scarcity and price pressures that had hurt carriers.
- Chloe Malay notes Lufthansa and peers moved higher as potential resolution could avert planned drastic measures like plane groundings.
Lufthansa Prepares Tiered Crisis Plans
- Lufthansa prepared crisis plans to ground planes if demand collapsed from the Middle East conflict, showing contingency planning across severity scenarios.
- Chloe Malay says Europe imports about half its jet fuel from the Persian Gulf, so supply disruptions materially threaten carriers.