The threat of US military action in Syria sent oil prices to their highest levels since 2014 on Thursday.
From Europe’s point of view, futures for Germany’s Dax FDXc1 .GDAXI, France's Cac FCEc1 .FCHI and Britain's FTSE FFIc1 .FTSE all trading slightly lower.
This is following US President Donald Trump’s tweet that ‘missiles will be coming’ to Russian ally Syria after Syrian President Bashar-al-Assad’s suspected chemical attack on rebels. Both Damascus and Moscow have denied any responsibility.
Although the civil war has been ongoing in Syria for seven years, this is the first time the US and Russia would be in direct conflict over the situation.
Source: Reuters