European Shares Decline On Oil, War Worries; Banks Among Worst Hit
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European stocks fell sharply on Thursday as Brent crude oil prices rose above $114 per barrel due to attacks by Iran on energy facilities in the Middle East, including the South Pars gas field. The ongoing conflict between Iran and the U.S.-Israeli coalition has led to increased targeting of major energy hubs in the region, significantly impacting the stock market, particularly banks.
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