Market Report - Europe Close

Europe close: Stocks reverse gains on lack of US-Iran progress

By Josh White

Date: Monday 27 Apr 2026

(Sharecast News) - European shares closed lower on Monday as stalled talks between the US and Iran kept pressure on risk sentiment and sent oil briefly beyond $108 a barrel, despite reports Tehran had offered to reopen the Strait of Hormuz without addressing its nuclear programme.
The pan-European Stoxx 600 fell...

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