Smoke rises after a strike in Tehran, Iran, on Monday, March 2, 2026.
Mohsen Ganji Ap
LONDON – European stocks are expected to open firmly in negative territory on Tuesday as the geopolitical crisis in the Middle East weighs on global market sentiment.
of the UK FTSE The index is seen opening 0.7% lower, Germany’s DAX France’s, down 1% CAC 40 0.75% down and from Italy FTSE MIB According to data from IG, down 0.6%.
Global markets are falling as the conflict between the US and Iran engulfs the Gulf region. Overnight, Saudi Arabia’s defense ministry said two drones struck the US embassy in Riyadh.
A risk-off mood has dominated the market, with gold considered a safe haven in times of uncertainty. Global stocks remained under pressure as US futures and Asian markets fell on Tuesday.
Global crude oil prices rose on Monday on concerns that the US-Iran conflict could disrupt oil infrastructure and push up fuel prices and raise inflation risks.
The commander of Iran’s Revolutionary Guard gave this information Strait of Hormuz – the world’s most important transit route for crude oil – is closed and Iran will set fire to ships attempting the route, Reuters reported, citing Iranian media.
The conflict is now entering its fourth day on Tuesday with no clear end in sight. On Monday, US military leaders Dr More troops are led in the region, and President Donald Trump said the war would last four to five weeks, but it could go “longer than that.”
On the data front on Tuesday, earnings come from Thales, Alcon, ASM International, Kuehne und Nagel International and Scheffler. The data release includes the latest flash euro zone inflation figures, which are expected to be around 1.7% in February.
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