We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

In this section

Shares

Europe open: Markets mixed, oil up again as Hormuz stalemate continues

Tue 11 August 2026 08:04 | A A A

No recommendation

No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.

Market latest

FTSE 100 | FTSE 250 | Paris CAC 40 | Dow Jones | NASDAQ

10837.36 | Negative 25.14 (0.23%)
Graph

Prices delayed by at least 15 minutes

(Sharecast News) - European shares were mixed at the open on Tuesday and oil prices neared $90 a barrel as the Strait of Hormuz impasse dragged on with the US and Iran trading competing demands.

The pan-regional Stoxx 600 index was up 0.13% to 661 at 0810 BST. German, UK and French markets were all lower, while Italy and Spain posted strong gains.

Brent crude was up 1.58% to $89.11 as US President Donald Trump demanded Iran pay compensation for people killed in wars, attacks and protests.

Iran had on Tuesday issued its own set of conditions for the reopening of the key waterway, including compensation and a lifting of sanctions. Both pronouncements indicated the strait would not be reopened any time soon and Trump has clearly retreated from his regular threats of military action.

In equity news, Spirax and IHG both fell after results.

Reporting by Frank Prenesti for Sharecast.com

    Daily market update emails

    • FTSE 100 riser and faller updates
    • Breaking market news, plus the latest share research, tips and broker comments

    Register now for free market updates

    The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.


    More stock market reports from ShareCast

    Latest economy and stock market articles