European mining and energy stocks fell further on Friday as copper prices fell, and the market feared that the worsening trade war would affect the global economy and demand for industrial metals. The weakening of oil prices triggered the worst sharp drop since 2022 due to OPEC+'s decision to increase production faster. The basic resources sector of the Stoxx 600 Index once fell 7.8% to its lowest level since November 2020. Glencore dropped 9.1%, which dragged down the index the most.

European mining and energy stocks fell further on Friday as copper prices fell, and the market feared that the worsening trade war would affect the global economy and demand for industrial metals. The weakening of oil prices triggered the worst sharp drop since 2022 due to OPEC+'s decision to increase production faster. The basic resources sector of the Stoxx 600 Index once fell 7.8% to its lowest level since November 2020. Glencore dropped 9.1%, which dragged down the index the most.