Market Report - Europe

Europe open: Oil up, shares down as US-Iran attacks intensify

By Frank Prenesti

Date: Wednesday 22 Jul 2026

(Sharecast News) - European shares opened lower on Wednesday and oil prices rose again as military exchanges between the US and Iran intensified over the disputed Strait of Hormuz.
The benchmark Stoxx 600 index was down 0.29% to 641 at 0815 BST with major markets mixed.

US Secretary of State...

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