U.S. President Donald Trump was seen overseeing military operations against Iran from Washington on March 2, 2026. European stocks were struggling as a result of the U.S.-Iran conflict, causing oil prices to increase and bonds to decrease. Energy and media sectors were up, while most other European sectors were down. President Trump warned Iran to act quickly for a peace deal, but negotiations seem stalled. Ryanair shares also dropped despite reporting increased profits due to uncertainties over oil prices. International oil prices rose, with Brent crude and West Texas Intermediate futures seeing gains. G7 finance ministers and central bankers were set to meet in Paris to discuss the rise in energy costs and the global bond sell-off. U.S. Treasury yields reached a 15-month high, while U.K. and German bond yields also rose.
