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European Markets Fall, Ryanair Slides After Trump-Iran Oil Spike

5/18/2026

50 9 Full Breakdown

Summary

Story summary

European markets opened lower on Monday after oil prices rose following President Donald Trump’s warning to Iran.
The Stoxx 600 fell 0.7% and Italy’s FTSE MIB dropped over 2% in early trade.
Energy stocks rose 0.7% as Brent hit $110.97 a barrel and WTI reached $107.41.
Ryanair shares slipped 3.3% after reporting a 40% profit rise and hedging 80% of summer jet fuel.

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Story summary

European markets opened lower on Monday after oil prices rose following President Donald Trump’s warning to Iran.
The Stoxx 600 fell 0.7% and Italy’s FTSE MIB dropped over 2% in early trade.
Energy stocks rose 0.7% as Brent hit $110.97 a barrel and WTI reached $107.41.
Ryanair shares slipped 3.3% after reporting a 40% profit rise and hedging 80% of summer jet fuel.