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Oil spikes and European stock markets slide as Trump says Iran ceasefire over

Latest News From Euronews | Euronews RSS 08 July 2026, 09:14 UTC 3h ago

Oil spikes and European stock markets slide as Trump says Iran ceasefire over — Latest News From Euronews | Euronews RSS

Crude oil prices rose more than 6% to a two-week high after US President Donald Trump declared the interim accord to end the war with Iran "over", while fresh US military strikes renewed concerns about oil supplies through the Strait of Hormuz.

This story was reported by Latest News From Euronews | Euronews RSS. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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