European markets fall as Brent crude surges amid Iran conflict fears

9 articles · Updated · CNBC · Apr 30

Brent crude rises 6.84% to $126.10 a barrel, while Germany's DAX and Italy's FTSE MIB are set to open 0.7% lower.
Investors are concerned about potential U.S. military action against Iran and a continued blockade of Iranian ports, pushing oil prices higher and weighing on European stocks.
Attention also turns to upcoming European Central Bank and Bank of England policy decisions, as well as key euro zone GDP and inflation data, with major European companies reporting earnings.

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