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European Stocks Open Lower Amid Middle East Tensions


Friday, 14 June 2019 14:19 WIB

Stoxx 600Saham Eropa


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European stocks opened lower Friday as tensions heightened between the U.S. and Iran following attacks on two oil tankers in the Gulf of Oman on Thursday.

The pan-European Stoxx 600 was down 0.3% at 380.33 after the opening bell, tech stocks leading losses with a 0.6% drop as the majority of sectors traded in the red.

Worldwide focus Thursday was on the Middle East, after Norwegian and Japanese-owned oil tankers suffered explosions near the Strait of Hormuz. The U.S. military released footage which it claimed showed Iran’s Revolutionary Guard Corps removing an unexploded mine from the side of one of the stricken tankers - a claim Tehran strongly denies. The event caused oil prices to surge.

Source : CNBC


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