European stocks look set to drift lower at open on Monday as Middle East tensions escalated over the weekend and the Strait of Hormuz remained closed, leading to a rebound in crude oil prices.
Iran has rejected participation in a second round of peace talks under U.S. pressure, insisting on Hormuz rights amid ceasefire violations and disputed U.S. claims.
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Market Analysis
European Shares Seen Lower At Open As Hormuz Tensions Explode
2026-04-20 05:39:26
