Market Report - Europe

Europe midday: Shares fall, oil up as Iran 'seizes', attacks ships in Hormuz strait

By Frank Prenesti

Date: Wednesday 22 Apr 2026

(Sharecast News) - European shares slipped into the red and oil prices rose at midday on Wednesday as Iran claimed to have seized two ships and fired on others in the Hormuz strait despite US President Donald Trump's unilateral extension of the two-week ceasefire with Tehran.


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