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Euronews
Euronews
Doloresz Katanich

Gloomy trading in the European markets as oil keeps climbing

Oil Europe Donald Trump Euro Israel United States Iran Russ Mould US Federal Reserve

Oil prices gained more than $1 a barrel as share prices skidded in Europe and Asia on Tuesday after Israel's military issued an evacuation warning to 330,000 people in Iran's capital, Tehran. US futures also declined.

The latest alerts came as Israel warned that Iran’s capital, a city of 9.5 million, should be evacuated, and the US President Donald Trump announced he was returning from the G7 summit in Canada a day early due to the intensifying conflict.

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