DAX, CAC, STOXX sink over 3% as Middle East tensions escalate
European shares sank to one-month lows on Tuesday as a deepening global equities rout gathered momentum. Investors were rattled by the prospect of a prolonged Middle East conflict and a renewed surge in oil prices that could reignite inflation across the region. The pan-European STOXX 600 index fell 3.26%, leaving it on course for its
