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US-Iran fighting sends oil higher and weighs on European markets

United StatesIran
First seen: Aug 31, 2026, 7:31 AM UTCUpdated: Aug 31, 2026, 9:31 AM UTC

Reports say the United States and Iran have entered a renewed exchange of fire, with oil prices rising and European equities expected to open lower.

Renewed hostilities threaten energy supplies and are transmitting geopolitical risk into regional financial markets.

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