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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European markets fall as Middle East tensions push oil prices higher

European shares edged lower on Wednesday as investors turned cautious ahead of key U.S. inflation data, while a fresh escalation in Middle East tensions pushed Brent crude towards the $100-per-barrel mark and revived concerns over global price pressures, Reuters reported.

The pan-European STOXX 600 index was down 0.4% at 646.84 points as of 0810 GMT. Germany’s DAX fell 0.5%, while London’s FTSE 100 declined 0.2% and France’s CAC 40 slipped 0.6%.

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