The "Fear Trade" returns as US-Iran peace talks collapse, leading to President Trump ordering a full naval blockade of all Iranian ports. This aggressive escalation sends geopolitical risk soaring, causing Crude prices to surge 7-8% and triggering a widespread "risk-off" sell-off across European equity markets, with the STOXX 600 plunging.
13-04-2026 08:31 GMT
by Zain Vawda