US Edition
European Stocks Fall Sharply After Israel Strikes on Iran; Crude Surges ...
- On April 19, 2024, European airline stocks fell sharply due to Israeli airstrikes on Iran that escalated Middle East tensions.
- The strikes, launched without U.S. support, targeted Iran’s nuclear sites and scientists following Iran’s drone attacks on Israel.
- Markets reacted with a 1.2% drop in the STOXX 600, sharper falls in German and French indices, and airlines adjusted flight paths amid airspace closures.
- Crude oil futures surged up to 13%, with Brent at $74.88 and WTI at $73.65, marking their largest daily gains since 2020, raising fuel cost concerns.
- The conflict caused reduced travel demand and market volatility, with analysts warning that prolonged instability may worsen fuel prices and disrupt air travel.
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24 Articles
24 Articles
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Left
4
Center
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Right
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As oil flies away, European stock markets evolved in bright red after the Israeli strikes on Iran.
·Brussels, Belgium
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NBC Chicago+4 Reposted by 4 other sources
European stocks lose ground after Israel launches air strikes on Iran
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·Chicago, United States
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The exchanges in the United States and Europe closed this Friday mostly with falls above 1%, with the exception of London, following Israel’s attack on Iran, which triggered the price of oil, while gold scores near its historical peaks. US and European Stock Exchanges drop behind tensions in the Middle East and the oil rise was first published in the Digital Process.
Coverage Details
Total News Sources24
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution44% Left, 44% Center
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
44% Center
L 44%
C 44%
11%
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