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European stocks fall on oil and Middle East tensions
European stocks declined at the start of trading due to rising oil prices and escalating tensions in the Middle East, although the "Stoxx 600" index continued its fifth consecutive month of gains despite weak market performances. The energy sector index rose by 0.6%, supported by Brent crude oil climbing over 2% to approximately $90.70 per barrel, while the German "DAX" index fell by 0.5% ahead of inflation data that will clarify the interest rate trajectory in the Eurozone.
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