European stocks fall due to tensions in Middle East Crude oil prices continue to rise
On the 6th of the week in the European stock market, a wide range of stocks were sold on the alert of the tensions in the Middle East, and stock prices fell.
In Europe's major stock markets on the 6th, there was a move to avoid risk, and immediately after trading began, sell orders expanded to a wide range of stocks.
Despite the slowdown in the afternoon, the closing price of the main market stock index ended up around 0.7% lower than last weekend in the German Frankfurt market,
お よ そ Approximately 0.6% in the London market,
で The price has dropped about 0.5% in the Paris market.
Meanwhile, international oil prices have remained high due to concerns over supply from the Middle East, where the world's largest oilfield is located, and the London market said on Tuesday that crude oil prices from the North Sea were high. The price rose to $ 70 / barrel for the first time since last September.
Market officials say, "If there is an emergency around the Strait of Hormuz, an important transportation route for crude oil, oil prices will rise sharply."