Europe midday: Shares mixed as Hormuz impasse weighs on sentiment

11th Aug 2026 10:46

(Sharecast News) - European shares were mixed on Tuesday and oil prices neared $90 a barrel as the Strait of Hormuz impasse dragged on with the US and Iran trading competing demands.

The pan-regional Stoxx 600 index was up 0.09% to 661 at 1152 BST. Italian, UK and Spanish markets were up while France and Germany were a touch lower.

Brent crude was up 1.65% to $89.17 as US President Donald Trump demanded Iran pay compensation for people killed in wars, attacks and protests.

Iran had on Tuesday issued its own set of conditions for the reopening of the key waterway, including compensation and a lifting of sanctions. Both pronouncements indicated the strait would not be reopened any time soon and Trump has clearly retreated from his regular threats of military action.

In equity news, Spirax and IHG both fell after results.

Reporting by Frank Prenesti for Sharecast.com

Top Risers

Share	Price	Change
Thruvision Grp (THRU)	1.325	60.61%
Pri0r1ty Int (PR1)	1.30	20.93%
Tooru (TOO)	0.215	19.44%
Phoenix Copper Limited (PXC)	0.625	19.05%
Afentra Plc. (AET)	72.80	14.65%

Top Fallers

Share	Price	Change
Focus Xplore (FOX)	0.0175	-22.22%
Distil (DIS)	0.05	-16.67%
Surgical Innovations (SUN)	0.425	-15%
Mycelx Di (MYX)	44.50	-12.24%
Proservice Bldg (PRO)	2.30	-11.2%

Top By Volume

Share	Price	Volume
Forgent (FORG)	0.01	1,185,987,085
Tower Resources (TRP)	0.0165	300,977,502
Ironveld (IRON)	0.021	278,416,836
Premier African Minerals (PREM)	0.01375	267,492,961
Ethernity Net (ENET)	0.0012	261,039,794

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