Market Report - Europe Close

Europe close: Shares lower as US-Iran stalemate, oil, bonds weigh on sentiment

By Frank Prenesti

Date: Tuesday 18 Aug 2026

(Sharecast News) - European shares closed lower on Tuesday amid rising bond yields and higher oil prices as the supposed US-Iran 60-day "ceasefire" came to an end with zero progress made towards a peace deal and the Strait of Hormuz effectively closed.


The pan-regional Stoxx 600 finished 0.64%...

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