BP stock soars 7% as Shell eyes major takeover — could this be the biggest energy deal of the year?

BP shares jumped 7% after news broke that BP is in early-stage talks with Shell for a possible acquisition. According to The Wall Street Journal, the discussions are active but moving slowly, with no final deal yet. Sources told CNBC it’s unlikely Shell would buy the entire company—different segments of BP could be sold to multiple buyers instead. BP’s stock surge now values the company at nearly $85 billion, sparking major buzz in the global oil market. Investors are watching closely as Shell-BP acquisition news could mark a big shake-up in the energy sector.