Stock Market & Oil Prices: Europe Mixed, US-Iran Tensions Push Gas to Three-Year High
The stock market in Europe experienced mixed performance over the past hour, with Milan's index fluctuating between gains and losses. The primary driver for these movements was the anticipation and aftermath of the European Central Bank's (ECB) interest rate hike. Meanwhile, oil and gas prices continued to surge, reaching their highest levels in years due to escalating geopolitical tensions between the US and Iran. This increase has led to concerns about rising inflation.5 sourcesSee all sources