Europe News

Global markets showed stress as oil prices rose above $100 due to US-Iran tensions. Iran’s stance on not reopening Strait of Hormuz and lack of peace talks increased fears of supply disruption. Stocks fell across Europe and Asia, while the dollar strengthened. Despite this, strong company earnings and tech sector gains offered some support.

Exiled Iranian Crown Prince Reza Pahlavi was splashed with red liquid, reportedly tomato sauce, in Berlin after a press briefing. The suspect was detained, as Pahlavi renewed criticism of Iran and the ceasefire.

France has removed the airport transit visa requirement for Indian nationals from 10 April 2026. The decision allows Indian travellers with ordinary passports to pass through French airports without a visa, as long as they stay in the international transit zone and do not enter the country. The move follows a promise by President Emmanuel Macron.

European stock markets fell while oil prices jumped after Iran closed the Strait of Hormuz, raising fears of fresh conflict with the US. The move came amid fragile ceasefire tensions and stalled talks. Brent and WTI crude surged sharply, reflecting supply worries. While Asian markets gained earlier, European investors turned cautious.

Two Indian Sikh men were shot dead in Covo, Italy, late Friday night as they left a temple. The gunman fired multiple shots and escaped in a car with others. Eyewitnesses said the attacker was also Indian. Police have launched an investigation into the incident, which has shocked the local community and raised concerns over safety.

Oil prices fell sharply and global stock markets surged after Iran announced that the Strait of Hormuz would remain open during ceasefire. The move eased fears of supply disruptions, bringing oil below $90 per barrel. Investors reacted positively.

Oil prices surged and global stocks fell as US-Iran tensions intensified after strikes on Iran's Kharg Island. Investors are worried about supply disruptions, with Hormuz effectively blocked. Trump warned Iran to reopen route or face severe action.

Oil prices fell slightly after some tankers crossed Strait of Hormuz, offering brief relief amid the ongoing Middle East war. However, tensions remain high as Israel strikes Iran and Iran responds with attacks. The conflict has disrupted global oil supply, raised fuel costs and forced countries to find new routes. Talks of a ceasefire continue.

Crude oil prices surged sharply after rising tensions between US and Iran triggered fears of supply disruption. Brent crude crossed $109/barrel, while WTI touched $111. Global events, attacks and rising food prices, are adding to the pressure.

Tensions are rising after Donald Trump suggested possible action on Iran’s Kharg Island, a key oil hub. Experts warn that any US attack could be extremely risky due to strong Iranian defences, difficult geography, and threats from drones and missiles. Comparisons are being made to the deadly Normandy invasion.