---
**European stocks close lower as oil prices hold near $100 a barrel**
- URL: https://www.cnbc.com/2026/03/13/european-markets-stoxx-600-ftse-dax-cac-iran-news-oil-prices.html
- Market: Energy: Oil and gas, insurance, and utilities all led gains, while industrials and miners lagged the broader index.; Stocks:  In this article LONDON —
- Facts:
  - Official: Treasury Secretary Scott Bessent said escorts for vessels through the vital Strait of Hormuz chokepoint would begin "as soon as militarily possible." Chris Wright, U.S.
  - Action: European stocks closed lower Friday as the conflict in the Middle East brought mixed signals to markets.
  - Data: The pan-European Stoxx 600 provisionally closed 0.5% lower, with most major regional bourses in negative territory, while sectors were mixed.
---

---
**Many Dubai expats fled as the war in the Middle East escalated. Those that stayed say life is 'funct**
- URL: https://www.cnbc.com/2026/03/13/dubai-expats-drones-missiles-uae-iran-war.html
- Market: Energy: military bases in the region, as well as oil and gas production facilities and civilian infrastructure.; Stocks: "Living in Dubai right now is
- Facts:
  - Official: "Living in Dubai right now is a strange mix of normality and quiet tension," Glen Pawson, managing partner of marketing agency M3, who moved to the city in 2025, told CNBC.
  - Action: Iran has launched a volley of drone and missiles in the Middle East, including against the UAE, following U.S.-Israeli strikes on the country.
  - Timeline: Social occasions and day-to-day activities are being interrupted by evacuation alerts and flashes in the sky as air defenses intercept drones, but much of life continues as normal, residents told CNBC.
---
