European markets open higher as oil prices hold below $100
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- Stoxx 600 rose 0.2% as European markets opened higher, with the FTSE 100, DAX, CAC 40 and FTSE MIB also posting gains.
- Brent fell 1.9% to $97.69 per barrel while WTI dropped 2.4% to $91.65 per barrel.
- Central Command reported that U.S. forces launched “self‑defense” strikes in southern Iran targeting missile launch sites and vessels.
- Iran's foreign ministry called the attacks a “gross violation” of the fragile ceasefire.
- Trump posted on Truth Social that peace negotiations were “proceeding nicely,” and Secretary of State Marco Rubio warned the Strait of Hormuz must be opened “one way or the other.”
Why it matters: European equities gain modestly while oil‑related stocks lose as Brent slides below $100, tightening profit margins for energy firms and boosting risk‑off sentiment among investors watching the Iran‑US standoff.
