European Shares Edge Up as Trump Says Iran Talks Ongoing

European equities advanced on Monday after U.S. President Donald Trump said diplomatic talks with Iran remain active, easing geopolitical tensions that had recently roiled markets. The pan-European Stoxx 600 index rose 0.3%, with major benchmarks in London, Frankfurt, and Paris all trading higher. Energy stocks underperformed, however, as Brent crude oil futures slipped 1.2% to $73.50 a barrel on hopes that a potential U.S.-Iran confrontation can be averted. Analysts said the comments provided a respite from weeks of heightened rhetoric. “Investors are breathing a sigh of relief,” one strategist noted. Trading volumes were light, with many awaiting further clarity on the negotiations.