After snapping a three-day losing streak on Tuesday, the major European markets turned weak on Wednesday as concerns about deepening tensions in the Middle East and higher oil prices hurt sentiment, prompting investors to stay away from riskier assets.
Benchmark Brent crude futures moved up nearly 6% and WTI contracts surged more than 5.5% today as the fighting in Iran continued to rage on, with the U.S. and Israel exchanging air strikes with Iran across the Middle East.
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Major European Markets Close Weak As War Concerns, Oil’s Rise Weigh
2026-03-11 18:29:03
