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tz-plus logo Middle East crisis further weighs on DAX at the start of the week - Lufthansa and TUI under significant pressure after oil price rise - Wacker Chemie stronger after solid Q1 figures - LANXESS benefits from Barclays study - Commerzbank after upgrade in focus - Marvell Technologies following

M. Springman
Reading Time: 5 minutes

The DAX is facing significant pressure at the start of the new trading week. Renewed selling pressure is being driven by sharply rising oil prices, following Iran's surprising announcement over the weekend that it would continue to block the Strait of Hormuz until the end of the ceasefire agreement with the United States. After a weak opening, the DAX is currently down by -1.5% at midday. Notable losses can be observed primarily in shares from the aviation and travel sectors, with the substantial rise in oil prices contributing to this downward...

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