European Markets React to Escalating U.S.-Iran Tensions
European stock markets are expected to open lower due to growing concerns over the conflict between the U.S. and Iran. The fragile ceasefire between the two nations is under threat following attacks on the United Arab Emirates by Iranian drones and missiles. The U.S. has responded by sinking Iranian boats in the Strait of Hormuz. President Trump has issued a stern warning to Iran, escalating tensions further. The situation has caused volatility in global markets, with investors closely monitoring developments in the Middle East.