German DAX slips 0.7% as oil climbs on U.S.-Iran fears
German stocks extended losses to a third straight session as oil prices climbed on an escalation in the U.S.-Iran conflict, lifting inflation worries. Rising bond yields also weighed on sentiment.
BRUSSELS (dpa-AFX) - German stocks shed ground on Wednesday, extending losses to a third straight session amid rising worries about inflation as oil prices climbed higher due to an escalation in U.S.-Iran conflict.
Rising bond yields weighed as well on sentiment.Oil prices moved up after the U.S. m…