European Stocks Slip 0.4% Amid Hormuz Tensions

European indices fell, with Stoxx 600 down 0.4%, DAX 0.3%, CAC40 1%, FTSE 0.2% on April 22, 2026.
Shipping attacks by Iran’s Revolutionary Guards in the Strait of Hormuz halted tanker traffic, raising oil‑related inflation fears.
UK inflation rose to 3.3% in March, driven by the sharpest three‑year fuel cost increase, prompting rate‑hike concerns.
Companies ABB, AkzoNobel and Tele2 posted earnings beats, lifting guidance and shares, offsetting broader market weakness.