European stocks slip as U.S.-Iran negotiations stall and oil climbs

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2026.04.28 07:21
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European stocks opened lower on Tuesday, with the pan-European Stoxx 600 down 0.3% amid stalled U.S.-Iran negotiations. Reports indicate President Trump is dissatisfied with Iran's proposal to end the conflict, which delays discussions on Tehran's nuclear ambitions. The Strait of Hormuz remains largely closed, contributing to rising oil prices and concerns over inflation and potential interest rate hikes by central banks. Brent crude futures have climbed again as a result.