European Stocks Close Lower On U.S.-Iran Ceasefire Uncertainty

European stocks fell on Monday amid renewed concerns about Middle East tensions after Iran rejected participation in a second round of peace negotiations with the U.S., citing Washington’s excessive demands, constant shifts in stance, contradictions and the continuing naval blockade.

Iran has launched drone attacks on U.S. military ships, accusing Washington of playing a “blame game” and violating international law after American forces seized an Iranian-flagged cargo ship.