economy
March 3, 2026
European stock markets reopen in the red, oil rises to $81 a barrel and gas prices jump
European stock markets reopened this morning in the 'red', under pressure from rising energy prices, especially European natural gas, on the fourth day of US-Israeli attacks on Iran.
TL;DR
- European stock markets opened lower ('in the red').
- Rising energy prices, especially for European natural gas, are pressuring markets.
- This occurs on the fourth day of US-Israeli attacks on Iran.
- Paris, Frankfurt, London, and Milan stock exchanges all saw declines.
- Brent crude oil prices rose over 4% to $81 per barrel.
- West Texas Intermediate crude oil prices rose 3.99% to $74 per barrel.
Continue reading the original article