European stocks are seen opening on a subdued note on Wednesday as oil prices remain elevated on growing concerns about prolonged disruptions to supply.
Brent prices held steady above $89 a barrel in Asian trade, after having soared nearly 12 percent over the previous five sessions as the U.S. and Iran remained at odds over reopening the Strait of Hormuz and Yemen’s Iran-aligned Houthi forces launched fresh ballistic missile attacks on the Red Sea port city of AI-Makha.
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Market Analysis
European Shares Seen Subdued Ahead Of US CPI Report
2026-08-12 05:31:35
