European markets fell on Monday as the conflict between Israel and Iran escalated, while the Israeli stock market hit a record high

European markets suffered significant corrections on Monday, with the Stoxx Europe 600 index falling 0.8% amid concerns over the conflict between Israel and Iran. Stocks in London, Paris and Frankfurt also recorded losses. In contrast, the Israeli stock market hit an all-time high, buoyed by rises in the oil and insurance sectors. Investors are increasingly concerned about the impact of the conflict on energy flows in the Middle East, particularly in the Strait of Hormuz.