Market Report - Europe Close

Europe close: Markets falter as oil prices climb on Hormuz blockade

By Josh White

Date: Monday 13 Apr 2026

(Sharecast News) - European equities traded lower on Monday as oil prices surged above $100 a barrel after US president Donald Trump said he would begin a blockade of Iranian oil exports through the Strait of Hormuz, following the collapse of peace talks with Tehran over the weekend.
"Stocks mostly pull...

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