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FinanceEuropean shares flat as US-Iran tensions escalate, oil jumps
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European shares were subdued on Monday, July 13, 2026, as investors largely stayed on the sidelines following renewed tensions in the Middle East between the United States and Iran. The pan-European Stoxx 600 index closed flat at 641.01 points. Energy stocks were the biggest gainers, driven by a jump in oil prices amid the escalating geopolitical conflict. The article, published by The Business Times Singapore, highlights the market's cautious response to the heightened US-Iran tensions, with energy sector outperformance being the key market movement.
Source report
Energy stocks were the biggest gainers
Published: Tue, Jul 14, 2026 · 05:55 AM
European shares were subdued on Monday (Jul 13) as investors largely remained on the sidelines following renewed tensions in the Middle East.
- The Stoxx 600 index closed flat at 641.01 points.
- Energy stocks were the biggest gainers, driven by a surge in oil prices.
Photo: REUTERS
Source
The Business TimesNeutral / independent
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