European stocks were broadly lower on Thursday as investors digested a slew of earnings and watched the latest developments in the Middle East war, with a senior Iranian parliament official saying that Tehran has deposited the first revenue from tolls on the strategic Strait of Hormuz into the Central Bank account.
Meanwhile, the Pentagon has reportedly informed the U.S. Congress that clearing mines allegedly positioned by the Iranian military could take up to six months.
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Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.