European shares inch up as lower crude offsets geopolitical unease
European shares edged higher on Thursday as oil prices fell, shifting focus to demand concerns, while US-Iran peace efforts remained stalled and disruption in the Strait of Hormuz persisted. The pan-European STOXX 600 was up 0.2% at 660.49 points by 0714 GMT. The benchmark STOXX 600 retreated from record highs in the previous session. Britain’s FTSE 100 fell 0.3% even after data showed the UK…
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