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Global Markets | European shares tumble on Iran war-linked inflation woes

Posted on May 15, 2026
By Business News Today
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1 min read

Global Markets | European shares tumble on Iran war-linked inflation woes

U.S. President Donald Trump, on the last day of his trip ‌to China, said ⁠his patience ⁠with Iran was running out and that China's President Xi Jinping agreed that Tehran must not be allowed to develop nuclear weapons and should reopen the Strait of Hormuz.