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European Shares Subdued As US And Iran Exchange Renewed Fire

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

European stocks were flat to slightly lower on Monday as investors weighed the latest developments in the Middle East and monitored oil prices movements.

Brent crude futures jumped more than 3 percent toward $94 a barrel after the United States and Iran exchanged fire over the weekend, and Israeli troops captured the strategic site of Beaufort Castle in southern Lebanon in the deepest incursion into the country in more than a quarter-century.

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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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