European Stocks Slip 0.6% Amid US‑Iran Tensions
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- Stoxx 600 fell 0.6% in early London trading as investors reacted to U.S.-Iran diplomatic uncertainty.
- Trump said “don’t rush me” about a long‑term Iran deal, signaling no timetable for ending the conflict.
- U.S. forces boarded a tanker suspected of carrying Iranian oil in the Indian Ocean, intensifying geopolitical tension.
- Brent rose 0.4% to $105.44 a barrel, reflecting oil market reaction to Middle East instability.
- Eni and peers such as Orange, Volvo and Renault are slated to report earnings this week, adding corporate focus to market volatility.
Why it matters: European investors lose as the Stoxx 600 slides 0.6%, while oil traders gain from Brent's $105.44 price, and higher oil costs pressure corporate margins and consumer spending.
