--- title: "The outlook for the Persian Gulf impacts the performance of European stocks at midday" type: "News" locale: "en" url: "https://longbridge.com/en/news/283346892.md" description: "European stock markets fell on Monday afternoon, as Tehran did not participate in peace talks with Washington, and the Strait of Hormuz was closed to shipping. The pan-European Stoxx Europe 600 index dropped by 1.1%. North Sea Brent crude futures rose by 5.4%. The German DAX fell by 1.4%, and the London FTSE 100 declined by 0.7%. Economic data showed that Germany's Producer Price Index fell by 0.2% year-on-year in March. Investors are focused on future market volatility, with the Euro Stoxx 50 volatility index rising by 15%" datetime: "2026-04-20T11:40:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283346892.md) - [en](https://longbridge.com/en/news/283346892.md) - [zh-HK](https://longbridge.com/zh-HK/news/283346892.md) generator: "portal-rs" --- # The outlook for the Persian Gulf impacts the performance of European stocks at midday European stock markets fell on Monday afternoon, with the market focusing on reports that Tehran would not participate in peace talks with Washington, and both Iran and the United States indicated that the Strait of Hormuz is essentially closed to shipping. The pan-European Stoxx Europe 600 index fell 1.1% in the afternoon. Brent crude oil futures rose 5.4%, trading at US$95.29 per barrel. Mainland oil stocks led the gains, while bank and technology stocks declined. Investors also noted that Wall Street futures were weak, and Asian stock markets closed generally higher overnight. In terms of economic data, Germany's producer price index for March fell 0.2% year-on-year but rose 2.5% month-on-month, with authorities attributing the monthly increase to rising energy prices. The Stoxx Europe 600 technology index fell 1.5%, and the Stoxx 600 banking index fell 1.9%. The Stoxx Europe 600 oil and gas index rose 1.6%, while the Stoxx 600 European food and beverage index fell 1.3%. The European REIT index REITE fell 1.4%. In terms of national indices, Germany's DAX fell 1.4%, London's FTSE 100 fell 0.7%; Paris's CAC 40 fell 1.2%, and Spain's IBEX 35 fell 1.3%. The yield on Germany's 10-year benchmark government bonds rose to about 3%. The Euro Stoxx 50 volatility index rose 15%, to 22.43, reflecting that the volatility of European stock markets over the next 30 days is above average. This content is generated by AI for general information and reference purposes only and does not constitute any investment advice, solicitation, recommendation, or any form of guarantee. Investment involves risks, and readers should conduct their own research and consult licensed professional advisors when necessary. AASTOCKS is not responsible for any losses arising from the use or reliance on the above content ### Related Stocks - [SMEA.UK](https://longbridge.com/en/quote/SMEA.UK.md) - [XSER.UK](https://longbridge.com/en/quote/XSER.UK.md) - [DAX.US](https://longbridge.com/en/quote/DAX.US.md) - [DJSC.UK](https://longbridge.com/en/quote/DJSC.UK.md) - [IEUA.UK](https://longbridge.com/en/quote/IEUA.UK.md) - [DEL2.DE](https://longbridge.com/en/quote/DEL2.DE.md) ## Related News & Research - [LIVE MARKETS-Europe before the bell: sentiment helped by disinflation narrative](https://longbridge.com/en/news/295891025.md) - [ETF Savings Plans Boom in Switzerland – But Not Because of AI](https://longbridge.com/en/news/296473012.md) - [PLAN: Net profit rose sharply on revaluation gains, with robust investments and a positive outlook](https://longbridge.com/en/news/296738593.md) - [Defence.Hub S.A. Fully Sells Series G Shares Amid Oversubscribed Offering](https://longbridge.com/en/news/296630477.md) - [11:00 ETLumenStim se prepara para lanzar en Kickstarter su sistema de blanqueamiento dental de última generación](https://longbridge.com/en/news/296633006.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**