
European equities drift lower as oil climbs amid Middle East tensions
European stocks fell as oil prices jumped on the Middle East conflict, with the pan-European Stoxx 600 down about 1.7% and set for a roughly 4.6% weekly loss; Brent traded near $90 and WTI around $88 as geopolitical risk weighed on markets, while names like Sectra, ITV and Renk posted gains on company-specific news.
