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European Shares Decline After US Warning Over Hormuz

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

European shares edged lower on Monday after weekend peace talks in Islamabad failed and the U.S. Navy moved to block maritime traffic to and from Iran through the Strait of Hormuz.

Rising tensions pushed Brent crude prices above $102 a barrel, re-igniting inflation and interest-rate concerns.

The pan European Stoxx 600 dropped 0.8 percent to 610.08 after rising 0.4 percent on Friday.

The German DAX fell more than 1 percent, France's CAC 40 shed 1.1 percent and the U.K.'s FTSE 100 was down 0.4 percent.

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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