Market Report - Europe

Europe midday: Shares slump as oil hits $100 amid US-Iran military escalation

By Frank Prenesti

Date: Wednesday 09 Sep 2026

(Sharecast News) - European shares slumped on Wednesday as oil hit $100 a barrel after the US sank five Iranian tankers and Tehran responded with missile strikes on American bases in Jordan.


The pan-regional Stoxx 600 index was down 1.27% to 641 at 1035 GMT with all major...

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