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European stocks up on Iran talks
European stocks edged slightly higher as investors awaited peace talks between the United States and Iran, amid political uncertainty in Britain following reports of potential resignation by Prime Minister Keir Starmer. Markets are focusing on the European Central Bank’s monetary policy directions, while geopolitical tensions have risen following the signing of a peace agreement regarding the Strait of Hormuz, fluctuations in shipping traffic, and military threats from Washington towards Iran. Stock performance was mixed, with shares of EasyJet and Beowrktek climbing, while bp and Huckock declined after disappointing earnings results.
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