UN spokesperson says UN has established task force to create new mechanism for strait of Hormuz to facilitate fertilizer trade and movement of related raw materials

Decision to ban gasoline exports for Russian producers from April 1st for 6 months has been made, Tass reports

US Secretary of State Rubio says we had a really good meeting at G7; we expect the Iran operation to conclude at the appropriate time, we are talking weeks, not months; Iran may decide to set up a tolling system on the Strait of Hormuz

UN spokesperson says UN has established task force to create new mechanism for strait of Hormuz to facilitate fertilizer trade and movement of related raw materials

European Closes: Euro Stoxx 50 -1.19% at 5,500, Dax 40 -1.32% at 22,315, FTSE 100 -0.05% at 9,967, CAC 40 -0.87% at 7,702, FTSE MIB -0.74% at 43,379, IBEX 35 -0.95% at 16,803, PSI -1.28% at 8,882, SMI -0.73% at 12,550, AEX -1.09% at 960

ECB's Schnabel says no need to rush into action; we have time to analyse the data; ECB should not be in a rush to raise rates