US EditionEuropean Stocks Fall Sharply After Israel Strikes on Iran; Crude Surges ...
- On April 19, 2024, European airline stocks dropped sharply following Israeli airstrikes against Iran's nuclear and missile sites.
- The strikes targeted Iran's Natanz enrichment facility, killed its armed forces chief and leading nuclear scientists, escalating regional tensions.
- European indexes fell, including Stoxx Europe 600 down 0.89%, while major carriers like Lufthansa and IAG lost nearly 5% and over 4%, respectively.
- Crude oil futures surged up to 13% with Brent at $74.88 and WTI at $73.65, marking the largest single-day gains since 2020 amid rising risk fears.
- The strikes heightened fears of broader conflict, causing market volatility, flight path adjustments, reduced travel demand, and possible jet fuel cost rises.
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28 Articles
28 Articles
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Center
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Right
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As oil flies away, European stock markets evolved in bright red after the Israeli strikes on Iran.
·Brussels, Belgium
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NBC Chicago+4 Reposted by 4 other sources
European stocks lose ground after Israel launches air strikes on Iran
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·Chicago, United States
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Total News Sources28
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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