Market Report - Europe

Europe open: Shares fall, oil rises as Hormuz blockade spooks investors

By Frank Prenesti

Date: Thursday 23 Apr 2026

(Sharecast News) - European markets opened lower and oil prices pushed beyond $100 a barrel as the continuing blockade of the Strait of Hormuz overshadowed the extension of the Iran war ceasefire.
Despite buoyant US markets overnight, the pan-European Stoxx 600 index was down 0.4% to 611 at 0804 BST. Germany's...

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