European Stocks Hit Session Low as Iran Says Hormuz to Stay Shut
(Bloomberg) — European stocks hit a session low after Iranian Supreme Leader Mojtaba Khamenei said the Strait of Hormuz should stay closed, adding to concerns over disruption to global oil supplies. The Stoxx Europe 600 index fell as much as 0.8%, and was 0.6% lower by 2:06 pm in London. Banks led the declines, while…