European stocks are seen opening on a cautious note on Monday due to continued uncertainty over the end to the U.S.-Iran war in the Middle East after U.S. President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz and signaled possible new military strikes after midterm elections.

While Trump said he expects negotiations to resume this week. Iran said it would not soften its conditions.

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European Shares Seen Subdued As Hormuz Reopening Hopes Fade

2026-09-28 05:32:46

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