{"id":124744,"date":"2026-03-17T13:22:00","date_gmt":"2026-03-17T09:22:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=124744"},"modified":"2026-03-17T13:38:05","modified_gmt":"2026-03-17T09:38:05","slug":"european-stocks-mixed-as-oil-rises-after-allies-reject-hormuz-mission","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-mixed-as-oil-rises-after-allies-reject-hormuz-mission\/03\/17\/market-updates\/","title":{"rendered":"European Stocks Mixed as Oil Rises After Allies Reject Hormuz Mission"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>European stock markets traded without a clear direction at the start of Tuesday\u2019s session, as rising oil prices and geopolitical tensions continued to weigh on investor sentiment.<\/p>\n\n\n\n<p>By <strong>04:03 ET (08:03 GMT)<\/strong>, the <strong>pan-European Stoxx 600 slipped 0.1% to 598.08<\/strong>, while <strong>Germany\u2019s DAX fell 0.3%<\/strong>, <strong>France\u2019s CAC 40 was largely unchanged<\/strong>, and the <strong>U.K.\u2019s FTSE 100 edged up 0.1%<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Oil gains pressure markets<\/h3>\n\n\n\n<p>Oil prices moved higher after several U.S. allies declined to support <strong>President Donald Trump\u2019s<\/strong> call to help reopen the <strong>Strait of Hormuz<\/strong>, a critical global shipping route.<\/p>\n\n\n\n<p><strong>Brent crude futures rose 3.3% to $103.58 per barrel<\/strong> in early European trading, reflecting growing concerns over supply disruptions.<\/p>\n\n\n\n<p>Countries including <strong>Japan, Germany, and Australia<\/strong> signaled they would not participate in efforts to secure the strait, complicating U.S. attempts to restore normal shipping operations.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Strait of Hormuz remains key risk<\/h3>\n\n\n\n<p>The <strong>Strait of Hormuz<\/strong>, through which roughly <strong>20% of global oil supply<\/strong> flows, has become a focal point of the conflict between <strong>the United States, Israel, and Iran<\/strong>.<\/p>\n\n\n\n<p>Following joint U.S.\u2013Israeli strikes on Iran in late February, Tehran effectively <strong>shut down the waterway<\/strong>, warning it would attack any vessels attempting to pass.<\/p>\n\n\n\n<p>Shipping activity has since been severely disrupted, as container companies suspend operations due to safety concerns and difficulties obtaining insurance coverage.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Inflation fears return<\/h3>\n\n\n\n<p>The surge in oil prices has reignited concerns about <strong>global inflation<\/strong>, which could force central banks to reconsider their policy outlook.<\/p>\n\n\n\n<p>Higher energy costs tend to feed into broader price pressures, raising the risk that interest rates may need to remain elevated\u2014or even rise further.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Central banks in focus<\/h3>\n\n\n\n<p>Investors are closely watching upcoming policy decisions from major central banks this week.<\/p>\n\n\n\n<p>Both the <strong>European Central Bank (ECB)<\/strong> and the <strong>U.S. Federal Reserve<\/strong> are widely expected to <strong>keep interest rates unchanged<\/strong>, even as inflation risks increase due to rising energy prices.<\/p>\n\n\n\n<p>With geopolitical tensions unresolved and oil markets volatile, European equities are likely to remain <strong>range-bound as investors balance growth concerns against inflation risks<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>European stock markets traded without a clear direction at the start of Tuesday\u2019s session, as rising oil prices and geopolitical tensions continued to weigh on investor sentiment. By 04:03 ET (08:03 GMT), the pan-European Stoxx 600 slipped 0.1% to 598.08, while Germany\u2019s DAX fell 0.3%, France\u2019s CAC 40 was largely unchanged, and the U.K.\u2019s FTSE &hellip;<\/p>\n","protected":false},"author":9,"featured_media":98251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,39,36],"tags":[],"class_list":["post-124744","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=124744"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124744\/revisions"}],"predecessor-version":[{"id":124745,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/124744\/revisions\/124745"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=124744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=124744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=124744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}