European stock markets and the euro are falling tonight, March 2, but the price of oil is rising as the conflict in Iran intensifies, driven by fears that the attacks could trigger inflation. North American oil rose 8% today to $72.40 per barrelwhile Brent, an international reference, grew 8.8% to 79.30 dollars per barrel.
Natural gas futures in Europe soared more than 40% after Qatar, a major supplier, halted production. Already gold rose 1.2%, with investors seeking safer assets in a time of uncertainty.
The Wall Street stock market opened in negative territory, with the Dow Jones index losing 0.70% to 48,633.36 points and Nasdaq technology retreating 0.58% to 22,537.59 points. The S&P 500 aggregate was the most affected, falling 1.09% to 6,804.12 points.
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