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The Economic Times

Markets / The Economic Times

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European shares touch two-week lows on Middle East conflict

European markets tumbled Monday as Middle East tensions escalated, pushing energy and defense stocks higher. The STOXX 600 saw a significant drop, its lowest since mid-February. Airlines and banks bore the brunt of the sell-off, while oil prices and defense firms surged amid fears of wider conflict and increased military spending.

2 Mar 2026 2:21 pm