European Stocks Extend Drop After Iran Says Hormuz to Stay Shut
European stocks extended declines after Iranian Supreme Leader Mojtaba Khamenei said the Straight of Hormuz should stay closed, adding to concerns over disruption to global oil supplies.
By Julien Ponthus, Nick Heubeck · Bloomberg Markets
European stocks extended declines after Iranian Supreme Leader Mojtaba Khamenei said the Straight of Hormuz should stay closed, adding to concerns over disruption to global oil supplies.