India, March 2 -- European stocks were deep in the red on Monday as a broadening Middle East conflict dented investors' appetite for riskier assets.
Inflation worries returned to the fore as Brent crude prices soared nearly 10 percent to their highest level since January 2025 on fears of supply disruptions from the Middle East.
All eyes are on the status of the Strait of Hormuz, which is crucial for the flow of oil to the rest of the world.
In economic releases, German retail sales fell more than expected in January, while British house prices rose slightly faster than expected last month after a dip at the end of 2025, separate reports showed.
The release of manufacturing PMI data for the Eurozone, the U.K., and the U.S. will be the sp...