European shares fell on Friday. A deadlock in U.S.-Iran talks dented risk appetite.
Energy markets were rattled, reigniting concerns over an economic slowdown.
The pan-European STOXX 600 dropped 0.8% to 611.27 points, heading for a weekly loss.
Germany's DAX and France's CAC 40 fell 1% and 0.8%, respectively.
U.S. President Trump said his patience with Iran was running out. He agreed with China's Xi Jinping that Tehran must not develop nuclear weapons and should reopen the Strait of Hormuz.
Oil prices gained over 1% as the key route remained shuttered. Inflation data showed big increases in consumer and producer prices.
European markets, dependent on energy imports, lag behind global peers.
LVMH shares dipped 0.8% after selling the Marc Jacobs brand.
Stellantis added 1% after signing a 1-billion-euro deal with Dongfeng to produce cars in China.
