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Tim Baker

Stoxx 600 Drops 1.2% as Trump Sets 8 p.m. EDT Iran Deadline, Brent Near $108

Europe's Stoxx 600 slid 1.2% intraday on Tuesday as markets priced in escalating risks tied to President Trump's 8 p.m. EDT deadline for Iran to reopen the Strait of Hormuz. Brent crude climbed toward $108 per barrel and energy prices rose 2.5% on the session, while VSTOXX jumped about 15% as investors rotated defensively across sectors.
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