(Sharecast News) - European equities closed lower on Wednesday while oil prices surged, as renewed hostilities in the Strait of Hormuz offset a surprise extension of the US-Iran ceasefire and heightened concerns over prolonged disruption to global energy supplies.
As Chris Beauchamp, chief market analyst at IG, noted, "there is an...

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE