European markets declined as investors awaited crucial US inflation stats, while escalating Middle East tensions propelled oil prices upwards, reigniting global inflation fears. Energy sector stocks gained as Brent crude approached the $100 mark, raising concerns that elevated energy prices could lead to prolonged high interest rates.

European shares were subdued on Monday as rising oil prices sparked by US-Iran tensions renewed inflation fears. Investors are closely monitoring the European Central Bank's…

European shares closed largely flat as higher oil prices and renewed US-Iran tensions raised inflation concerns, offsetting stronger euro zone economic data. Energy stocks gained,…