Morning Briefing Europe

Stocks Sapped by War-Driven Inflation Concerns

Get caught up.
The New York Stock Exchange.Photographer: Michael Nagle/Bloomberg

Good morning. Inflation fears pressure markets even as Donald Trump holds off on new Iran strikes. Andy Burnham says he won’t change UK borrowing limits if he gets the top job. And Elon Musk lost his case against OpenAI. Listen to the day’s top stories.

— Gabrielle Ng