European stocks set to fall as oil rebounds on US-Iran tensions
Futures tracking the pan-European STOXX 600 slipped after reports of US strikes on Iran sent crude prices higher, weighing on hopes for an imminent end to the conflict.
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07:36:52 AM UTC
SquawkNews
BEFORE THE BELL: DOWNBEAT SENTIMENT ON A BUSY DAYYesterday's Middle East peace talk optimism and the chunky fall in oil prices that gave markets a boost is now yesterday's news.So far on Tuesday, Brent crude futures ICEEUR:BRN1! are back up 1.8% after the US carried out strikes on Iran's Qeshm Isla…
Europe's benchmark equities index was set to fall at the open on Tuesday after reports that the United States carried out strikes on Iran sent crude prices higher, dampening hopes for an imminent end to the months-long conflict.Futures tracking the pan-European STOXX 600 index EUREX:FESX1! slipped…