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European shares subdued as surging crude focuses markets on ECB rate path

European Union
First seen: Sep 7, 2026, 4:47 PM UTCUpdated: Sep 7, 2026, 5:47 PM UTC

European shares were subdued as rising crude oil prices increased attention on the European Central Bank's interest-rate outlook.

Higher energy prices can intensify inflationary pressure and complicate monetary policy across Europe.

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