---
title: "European Shares Decline On Oil, War Worries; Banks Among Worst Hit"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279755572.md"
description: "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."
datetime: "2026-03-19T09:14:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279755572.md)
  - [en](https://longbridge.com/en/news/279755572.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279755572.md)
---

# European Shares Decline On Oil, War Worries; Banks Among Worst Hit

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European stocks tumbled on Thursday as Brent prices surged above $114 a barrel following attacks by Iran on energy facilities in the Middle East, including the crucial South Pars gas field.

Major energy hubs across the Middle East are now being directly targeted as the war between Iran and the U.S.-Israeli coalition enters its 19th day.

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