Market Report - Europe

Europe open: Shares slump as oil breaches $103 on Hormuz attacks

By Frank Prenesti

Date: Thursday 08 Oct 2026

(Sharecast News) - European shares opened sharply lower on Thursday as oil prices rose amid more attacks on shipping in the Strait of Hormuz.


The pan regional Stoxx 600 was down 1.11% to 623 at 0715 GMT with all major bourses lower.

Brent crude rose 3.7% to...

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