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World News: Global shares fall on fears of global economic slowdown Updated: 2022-05-13 05:46:10 KST

Global shares sank to their lowest point in 18 months on Thursday, following inflation, rising interest rates, and energy supply fears in Europe.
This follows a warning from Germany that Russia is using energy supplies as a "weapon", to put pressure on Europe's STOXX 600 index.
The global index is now almost 20% lower for the year to date.
In the U.S., all three major stock indexes fluctuated before going into a steep sell-off, putting the S&P 500 within a closing level, that may confirm a bear market entry.
Brent crude futures settled 6 cents lower at 107.45-dollars a barrel while U.S. crude oil futures ended 42 cents higher at 106.13-dollars a barrel.
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