Morgan Stanley flips on Europe as Iran war piles costs on continent

My web searches were unable to locate an original article matching the headline you provided on major outlets (e.g. Reuters, Bloomberg, Financial Times) or on Morgan Stanley’s official publications. Creating a definitive news story without a verifiable source risks including unverified claims.

Search performed on April 8, 2026. As of that date I could not find a direct match to the headline or a Morgan Stanley Investment Management note that uses the quoted language. If you can supply the original article link, press release, or the Morgan Stanley note, I will verify the content and produce a fully sourced, bilingual SEO article that meets your format and editorial rules.

If you cannot provide the original link, I can—only with your permission—compile an article based on verified Morgan Stanley research notes and reports from reputable news agencies about the Iran conflict’s economic impact on Europe, and then draft the two-language story with citations. Please tell me which option you prefer or paste the source URL so I can proceed.