European shares dip as oil worries offset bond recovery
European shares drifted lower as higher oil prices fuelled inflation concerns linked to the Middle East conflict. Meanwhile, a recovery in global bonds helped limit regional market losses.
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European shares drifted lower on Thursday morning as rising oil prices fuelled inflation concerns linked to the Middle East conflict. The pan-European STOXX 600 fell 0.1% to 650.23 points during the morning trading session. Losses were curbed by a recovery in global bonds following a debt market intervention by the United States.
