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European Stocks Slide Amid Oil Surge and Tensions

3/15/2026

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Story summary
  • European stocks fell on March 13, 2026, marking a second consecutive weekly decline.
  • The Stoxx Europe 600 closed 0.5% lower amid oil above $100 a barrel and tensions including Iran's threats to the Strait of Hormuz.
  • The CAC 40 fell 1.2%, with Louis Vuitton Moet Hennessy (LVMH) shares and banking shares declining.
  • Investors anticipate a European Central Bank rate hike by July due to inflation.