Market Report - Europe

Europe open: Shares up, oil slumps as Trump claims talks with Iran to start

By Frank Prenesti

Date: Monday 03 Aug 2026

(Sharecast News) -
European shares opened higher on Monday and oil slumped after US President Donald Trump once again pulled back from threats to bomb Iran, saying talks with Tehran would take place today.

The benchmark Stoxx 600 index was up 0.3% at 651 at 0812 BST with all...

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