Market Report - Europe

Europe open: Shares slump as Iran threatens total blockade of Hormuz Strait

By Frank Prenesti

Date: Monday 23 Mar 2026

(Sharecast News) - European shares slumped at the open on Monday as the US-Israel war on Iran escalated, with Tehran threatening to block the vital Strait of Hormuz, sending oil and gas prices higher.
The pan-regional Stoxx 600 index was down 1.77% to 563.22 at 0827 GMT with all major bourses...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page