Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0712 ET - Apollo's proposed takeover of U.K. budget airline easyJet shows how U.S. buyers continue to have appetite for U.K.-listed assets, Mergermarket's Lucinda Guthrie says. Shareholders in easyJet just backed Apollo's offer, paving the way for the deal. At $7.6 billion, this is the largest U.S.-to-U.K. take-private transaction announced so far in 2026 and the third-largest in the past decade, according to Mergermarket. "U.K.-listed companies offer an attractive opportunity for foreign acquirors to pick up well-run businesses, often at a discount to U.S. peers," Guthrie says. Shares in easyJet are little moved. ([email protected])

0631 ET - Oil prices extend gains in European trade, supported by concerns over persistent attacks on shipping in the Gulf and uncertainty surrounding diplomatic efforts to end the Iran war. Brent crude rises 1.6% to $92.99 a barrel, while WTI futures are up 0.9% to $86.84 a barrel as the lack of visible progress in peace negotiations dampens the optimism that drove this week's selloff. According to Iranian state media outlet IRNA, Iran's security chief Mohsen Rezaei said that not even a single particle of enriched nuclear material ​will leave the country, adding to market concerns. ([email protected])

0354 ET - Oil prices tick higher after a two-day decline as uncertainty surrounding U.S.-Iran negotiations continues to provide support. Brent crude is up 0.3% to $91.77 a barrel after dipping below $90 in the previous trading session, while WTI futures rise 0.1% to $86.10 a barrel. Persistent attacks on shipping in the Strait of Hormuz are tempering hopes of de-escalation between Washington and Tehran, as both sides continue to fight for control of the strategic waterway. Market attention now turns to official U.S. oil inventory data due on Thursday following reports citing American Petroleum Institute figures indicating a rise in crude stockpiles last week. ([email protected])

(END) Dow Jones Newswires

November 11, 2026 16:50 ET (21:50 GMT)