European shares muted as investors cautious ahead of Trump's Iran deadline
Published on April 7, 2026.
European shares have been muted since the start of the U.S.-Israel conflict, which has resulted in the effective closure of the Strait of Hormuz and increased inflation concerns. Despite hopes for a diplomatic breakthrough, negotiations have stalled. U.K. President Donald Trump has set a deadline for a deal to be reached, which could significantly impact the economy.
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