Home » World » WORLD BAGS – The conflict between the US and Iran drags Europe and shoots oil

WORLD BAGS – The conflict between the US and Iran drags Europe and shoots oil

The main European exchanges are trading in this Friday’s session with sharp falls following the resurgence of tensions between the US. and Iran in the Middle East, which has also caused oil to skyrocket to $ 69.

In the Old Continent, the Frankfurt Stock Exchange is left almost 2% (1.91%) mid-session, while Milan drops 1.24%; Madrid, 0.99%; Paris, 0.70%; and London, 0.68%.

European markets are trading lower today after opening 2020 with advances of more than 1%.

Wall Street also started the new year with a record in its three main indicators.

This positive trend has broken this morning after the US It will attack Badgad Airport, where the Quds Force commander of the Guardians of the Iran Revolution, Qasem Soleimani, and the vice president of the Iraqi Shiite militias Popular Crowd, Abu Mahdi al Mohandes, have died.

US President Donald Trump authorized the aforementioned attack. Iran has asked for “hard revenge.”

The attack occurs after tensions between the US and Iran will increase in recent days after the assault on the US embassy in Baghdad.

The attack that has occurred this morning has also had an impact on the commodity markets, where the price of Brent crude – the benchmark in Europe – has skyrocketed.

In the middle of the session it rises more than 4% and is close to 69 dollars (68.89 dollars).

In Asia, with the Tokyo Stock Exchange closed for holidays, the US attack has barely had an effect on the main markets that have operated today, and even several have closed higher.

The Kospi, the main indicator of the Seoul Stock Exchange, has closed the day with gains of 0.06%, while the Hang Seng of the Hong Kong market has lost 0.32%.

The Jakarta (Indonesia), Kuala Lumpur (Malaysia) and Manila (Philippines) Stock Exchanges have ended up with benefits, while the Singapore, Bangkok (Thailand) and Ho Chi Minh (Vietnam) parks recorded losses. In no case the variations have gone from 1.5%.

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