Brent crude oil prices have fallen back under $90 per barrel, while natural gas has risen in Europe. According to FIRSTonline, the recovery remains fragile and conditional on developments in the Middle East, where US forces are attacking Iranian targets and news from the Strait of Hormuz maintain uncertainty about financial markets and energy. Donald Trump announced that the United States had returned to attack Iran, citing an homage to American soldiers who died for it.

In the same hours, Revolutionary Guards in Iran declared two tankers hit while trying to cross the Strait of Hormuz. No further details were provided on these incidents or their impact. Initially, the oil prices accelerated before falling again.

The WTI oil price dropped to 82 cents per gallon, while the Brent crude oil price fell to 88 cents per dollar. This indicates less intense reactions than those observed earlier during trading sessions. Differently was the movement of European natural gas.

On Amsterdam market, the pre price rose by 1.4%, exceeding 58 euros per megawatt hour. There is divergence between gas and coal. A session took place where operators continued evaluating possible consequences of tensions in the area of Medio Oriente without any definitive indications emerging.

Piazza Affari index gained 0.3% and maintained above 52 million points. Moncler, Prysmian and banks were among titles highlighted. Attention also focused on Poste Italiane and Tim, as a public acquisition operation began unfolding according to FIRSTonline.

However, no more information was available regarding this transaction or its conditions. London proceeded with counter-trend action, awaiting Burnham, according to source. No additional details were given about appointment nor specific reasons linking wait to weakness of British listin.

In total, Europe showed limited rise, without uniform orientation amongst various markets. Asian session displayed wider oscillations. Tokyo remained closed for festivities, while Kospi of Seoul lost 4.46%.

According to FIRSTonline, new decline attributed to growing concerns over valuations judged now elevated in artificial intelligence field. During July, Korean stock market experienced greater-than-22 percent drop. Hong Kong moved opposite direction, advancing by more than 2%.

According to source, acquisitions sustained optimism for national developments in artificial intelligence field. Comparison with Seoul highlights divergent reactions: fears over valuations in Korea and expectations favorable towards internal development in Hong Kong. Besides geopolitics, investors followed season of trimesters.

US Alphabet, Ibm and Tesla will present their quarterly results next Wednesday, while Intel's turn is scheduled for Thursday. European calendar mainly concentrated on banks. Banco Santander in Spain, Bnp Paribas in France and Unicredit in Italy are expected to report their quarterly results soon.

Poste Italiane and Tim public acquisition operation unfolding alongside sensitivity of banking sector. Middle East tensions linked two orders of developments: evolution of conflict between United States and Iran, with possible impact on transit through Strait of Hormuz, and indications from technology and banking quarters remain unclear.