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FinanceEuropean shares flat as US-Iran tensions boost oil prices
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European shares were subdued on Monday, with the Stoxx 600 index closing flat at 641.01 points, as investors remained cautious amid renewed tensions in the Middle East. Oil prices jumped following an escalation in US-Iran tensions, driving energy stocks to become the biggest gainers of the session. The market's muted performance reflects investor hesitation to take significant positions ahead of further developments in the geopolitical situation.
Source report
Energy stocks were the biggest gainers
Published: Tue, Jul 14, 2026 · 05:55 AM
European shares were subdued on Monday as investors largely stayed on the sidelines following renewed tensions in the Middle East, while keeping a close watch on oil price movements.
- The Stoxx 600 index closed flat at 641.01 points.
- Energy stocks emerged as the biggest gainers amid the geopolitical uncertainty.
Image: European shares subdued as oil jumps after US-Iran tensions escalate
Source
The Business TimesRegional
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