European Stocks Decline 1.2% Amid Iran Conflict Escalation

European stocks opened lower on October 9, 2025, with the pan-European Stoxx 600 down 1.2%. Mining and tech sectors experienced the largest losses, dropping 2.8% and 3%, respectively. U.S. President Donald Trump stated that the U.S.-Iran war is expected to last another two to three weeks, prompting declines in U.S. stock futures. In related market movement, Brent crude oil surged over 6% to $107.98, and prices have increased more than 60% since the conflict escalated in February 2025, marking significant volatility in global oil markets.