Women walk past an electronics stocks indicator displaying share prices of the Tokyo Stock Exchange in Tokyo on November 7, 2017. / AFP / Behrouz MEHRI
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Europe's stock markets retreated Tuesday on worries over simmering Middle East tensions, which are centred on Saudi Arabia and have catapulted oil prices to two-year peaks.Oil was boosted further as geopolitical tensions surged between Riyadh and Tehran, sparking fears of a conflict that could disrupt supplies from two major producers.Japan's number-one carmaker said its net profit rose 13.2 percent to 1.07 trillion yen ($9.4 billion) for the six months to September, citing a cheaper yen and cost-cutting efforts.London -- FTSE 100: DOWN 0.7 percent at 7,513.11 (close)Frankfurt -- DAX 30: DOWN 0.7 percent at 13,379.27 (close)Paris -- CAC 40: DOWN 0.5 percent at 5,480.64 (close)Dollar/yen: DOWN at 114.09 from 114.26 yenOil -- West Texas Intermediate: DOWN 17 cents at $57.18
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