Market Report - Europe

Europe midday: Rising oil price sparks rate hike jitters

By Frank Prenesti

Date: Wednesday 11 Mar 2026

(Sharecast News) - European shares fell on Wednesday as oil prices crept higher amid renewed attacks from Iran on neighbouring states and shipping in the vital Strait of Hormuz, sparking inflationary fears as the European Central Bank warned interest rates could rise to counter rising inflation caused by the war.
The...

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