German stocks tumbled on Monday as oil prices climbed higher and bond yields rose after peace talks between the United States and Iran failed to bring about an agreement, and the U.S. Navy moved to block maritime traffic to and from Iran through the Strait of Hormuz.
Brent crude futures jumped almost 8% to around $103 a barrel, raising concerns about inflation and economic growth once again.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
DAX Down Sharply As U.S.-Iran Peace Talks Fail
2026-04-13 09:46:43
