Irish markets fell flat across the board with Ryanair leading declines

New clashes over control of Strait of Hormuz put investors in ‘risk-off’ mode

The pan-European STOXX 600 index slipped 0.3% to 639.29 in early trade, extending losses after posting its biggest weekly decline since late April in the previous session.

Oil prices surge over 4% amid renewed U.S.-Iran tensions, while tech stocks face heavy losses across global markets.

Irish markets fell flat across the board with Ryanair leading declines

World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging.

European shares fell at the open as escalating US-Iran tensions dented risk appetite, while investors assessed earnings from BP, Ericsson and Evotec amid rising oil prices.

Irish shares advance as homebuilders, Ryanair move higher