European Stocks Pause Near War-Era Highs as Fresh U.S. Strikes on Iran Jolt Markets - Tekedia

European stocks slipped after renewed U.S. strikes in southern Iran revived conflict fears.

Brent crude and WTI jumped on worries about Middle East supply disruptions, including the Strait of Hormuz.

The move dampened hopes for a de-escalation deal and increased market volatility.

Investors also reassessed the outlook for a June ECB rate hike as higher energy costs could lift inflation.