European markets set to slump at the open as Iran war intensifies

Escalation of the Iran war after attacks on Iranian and Qatari energy infrastructure is expected to push European stocks lower at Thursday's open, prompting a clear risk-off reaction. The strikes raise energy supply risk and could lift oil/gas prices, increase volatility across equities and fixed income, and pressure regional energy and infrastructure assets.

Analysis

Escalation of the Iran war after attacks on Iranian and Qatari energy infrastructure is expected to push European stocks lower at Thursday's open, prompting a clear risk-off reaction. The strikes raise energy supply risk and could lift oil/gas prices, increase volatility across equities and fixed income, and pressure regional energy and infrastructure assets.