Israeli military halts attacks on energy facilities; European stocks rise early in the session

SighingCashier · 2026-03-20T10:12:33+00:00

European stock markets rose after Israel suspended airstrikes on energy facilities. Indices in the UK, Germany, France, and Italy all recorded gains. US President Trump warned Iran that if it attacks facilities in Qatar, the US will strike Iran's South Pars gas field. The European Central Bank may raise interest rates at the end of April, and oil prices have also experienced volatility.

SighingCashier

2026-03-20 10:12:33

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Israel suspends airstrikes on energy facilities, European stocks rise early.

As of 4:40 PM Hong Kong time, the FTSE 100 index in the UK is at 10,109 points, up 46 points or 0.46%; the DAX in Germany is at 23,137 points, up 297 points or 1.3%; the CAC 40 in France is at 7,875 points, up 67 points or 0.87%; the FTSE MIB in Italy is at 44,264 points, up 563 points or 1.29%.

Dow futures are temporarily at 46,404 points, up 63 points.

U.S. President Trump stated that the U.S. was unaware of the attack on Iran’s oil and gas facilities but warned that if Qatar’s liquefied natural gas facilities are attacked again by Iran, the U.S. will completely destroy Iran’s South Pars gas field.

Israeli Prime Minister Netanyahu said that Israel carried out a solo airstrike on Iran’s gas field and will comply with the request from President Trump to suspend further attacks on energy facilities.

After the European Central Bank’s rate decision, officials held steady. According to sources cited by foreign media, if the chain reaction caused by the Iran war leads to inflation far exceeding the target, ECB policymakers are prepared to raise interest rates as early as the April meeting.

Oil prices declined, with New York crude oil futures currently at $94.26 per barrel, down $1.29 or 1.35%; London Brent crude futures are at $107.58, up $1.07 or 0.98%.

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