President Trump Considers Iran Peace Proposal Amid European Market Optimism
European markets are poised to open higher as investors anticipate a response from Washington regarding Iran's peace proposal. The proposal involves reopening the Strait of Hormuz if the U.S. lifts its blockade and ends the ongoing conflict. This development comes as President Trump and his national security team have discussed the proposal, which also suggests postponing negotiations on Tehran's nuclear ambitions. The White House press secretary, Karoline Leavitt, confirmed these discussions. The potential resolution of the conflict has led to a slight increase in oil prices, reflecting market uncertainty about the outcome. Meanwhile, European investors are also looking forward to earnings reports from major companies such as Novartis, Airbus, BP, and Barclays.