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Europe midday: Rising oil price sparks rate hike jitters

Published by Frank Prenesti on 11th March 2026

(Sharecast News) - European shares fell on Wednesday as oil prices crept higher amid renewed attacks from Iran on neighbouring states and shipping in the vital Strait of Hormuz, sparking inflationary fears as the European Central Bank warned interest rates could rise to counter rising inflation caused by the war.

URL: http://www.digitallook.com/dl/news/story/35774912/...

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