European markets closed weak on Thursday, extending previous session’s decline, as rising oil prices amid escalating tensions in the Middle East raised concerns about inflation and interest rate hikes, prompting investors to largely refrain from picking up stocks.
Oil prices moved up north today amid supply concerns following fresh strikes on tankers in the Persian Gulf. News about U.S. President Donald Trump launching new trade probes targeting the EU and other economies, to look at replacing the reciprocal tariffs struck down by the Supreme Court last month, contributed as well to the weak investor sentiment.
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Market Analysis
European Stocks Close Weak Again As Rising Tensions In Middle East Hurt Sentiment
2026-03-12 17:54:48
