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Europe open: Shares fall as US, Iran exchange fire in Hormuz strait

By Frank Prenesti

Date: Friday 08 May 2026

(Sharecast News) - European shares opened sharply lower on Friday as the US and Iran exchanged fire in the Strait of Hormuz, raising fears that the fragile ceasefire between the two may not hold.


The pan-regional Stoxx 600 index was down 0.91% to 610 at 0831 BST with...

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