European markets close on firm note

NAMPA / DPA

2026-05-18

Brussels/Frankfurt/Paris (dpa-AFX) - European stocks started off on a weak note on Monday but recovered and gained in strength as the day progressed after Iran said it had responded to a fresh proposal from the United States. The US-Iran conflict has effectively halted traffic through the strategic Strait of Hormuz, sending crude oil prices sharply higher and fuelling concerns over inflation and the outlook for interest rates. The pan European St......

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Economy

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