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European Stocks Plummet Amid Escalating Israel-Iran Conflict

6/13/2025

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Summary

Story summary

European stocks took a nosedive as Israel's airstrikes on Iran rattled markets, with the Stoxx Europe 600 index plummeting 1%. The DAX and CAC 40 followed suit, each dropping over 1%. Amidst the turmoil, oil prices skyrocketed nearly 8%, as anxious investors flocked to safer assets, fearing further escalation in the conflict.

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Story summary

European stocks took a nosedive as Israel's airstrikes on Iran rattled markets, with the Stoxx Europe 600 index plummeting 1%. The DAX and CAC 40 followed suit, each dropping over 1%. Amidst the turmoil, oil prices skyrocketed nearly 8%, as anxious investors flocked to safer assets, fearing further escalation in the conflict.