US-Iran war pulls European stock market to two-week lows; Shell, BP, TotalEnergies, other energy stocks buck the trend
European stock markets declined across the board on Monday as rising military conflict in the Middle East spooked investors globally. Many indices, including Paris and Frankfurt, slipped more than two percent. Travel and leisure stocks fell the most, while energy and defense stocks jumped. The pan-European STOXX 600 dropped 1.8% to its lowest since mid-February…