European Stocks Rise 0.6% on US‑Iran Talks

European equities rose Tuesday, with Stoxx 600 +0.6%, DAX +1.0%, CAC 40 +0.4%, FTSE 100 +0.3% on US‑Iran optimism.
Brent crude fell 1.5% to $97.88/barrel and WTI dropped 3.4% to $95.78, though both remain above pre‑war levels.
LVMH said the Middle East conflict cut at least 1% from group sales, dampening luxury sector recovery hopes.
US officials indicated forward momentum in talks, but a new American blockade of Iranian ports adds caution to market sentiment.