Global Tensions Mount as Nuclear Treaty Nears Expiration; European Stocks Slide on Resource Woes

Key TakeawaysThe New START nuclear arms control treaty between the U.S. and Russia is set to expire on Thursday, marking the beginning of a world without the last major agreement governing nuclear arsenals.European markets saw significant declines in basic resources stocks, with the index down 3.3%, poised for its largest daily drop in nearly ten months.Iran has summoned all EU ambassadors to protest the bloc's designation of the Revolutionary Guard as a terror group, even as the Iranian Foreign Minister st ...