European shares fall again as Middle East war drags on
Published on March 3, 2026.
European shares have fallen again as investors worry about the prospect of a protracted Middle East conflict and a rise in the cost of living. The pan-European STOXX 600 was down 1.3% at 615.72 points, after closing at the lowest point in over two weeks. U.S. President Donald Trump has defended his actions against Iran, arguing that the stated aims of the conflict have changed and that the Strait of Hormuz is closed, leading to increased global oil and gas shipping rates.
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