European shares down as Iran war drags on

Published
0

European shares have tumbled as lingering uncertainty over the peace talks between the US and Iran keeps oil prices high, according to Al Jazeera.

After President Trump described the ceasefire with Iran as “on life support” and with Tehran rejecting a US proposal to end the conflict, European equities fell. The pan-European STOXX 600 shed 1.1 per cent to 605.79 points as of 07:03 GMT (12:03pm PKT).

Regional bourses also moved lower with London’s FTSE 100 and Germany’s DAX down more than 1pc.

Opinion

Editorial

Yemen offensive
Updated 04 Oct, 2026

Yemen offensive

The best option, therefore, is for Muslim and Arab states to help restore the Saudi-Houthi ceasefire.
Growth transition
04 Oct, 2026

Growth transition

PRIME Minister Shehbaz Sharif’s recent call to move from stabilisation to growth, job creation and export ...
Protection at risk
04 Oct, 2026

Protection at risk

THE recent warning from UNHCR should alarm donor governments. Nearly 8.3m refugees and other forcibly displaced...
Talks, at last
Updated 03 Oct, 2026

Talks, at last

The government’s constant threats to suspend KP’s elected dispensation over a political protest have escalated hostilities considerably. In that context, both sides did well to start talking.
IWT’s future
Updated 03 Oct, 2026

IWT’s future

TOGETHER with the Kashmir dispute, India’s unilateral suspension of the Indus Waters Treaty has become the biggest...
Pained minds
03 Oct, 2026

Pained minds

IN Pakistan, mental healthcare is wedged between two extremes — a luxury or a stigma. Estimates cited by the...