European Stocks Slip 0.3% Amid US‑Iran Stalemate

European equity indices opened lower on April 28, 2026, with Stoxx 600 down 0.3%, DAX 0.2%, CAC 40 0.3%, FTSE 100 0.1%.
Markets reacted to reports that US President Donald Trump rejected Iran’s peace proposal and halted negotiators’ trip to Pakistan.
The Strait of Hormuz remained largely closed, tightening oil supply and pushing Brent crude futures higher, raising inflation and rate‑hike concerns.
Iran’s foreign minister met Russian President Vladimir Putin, receiving support amid the diplomatic deadlock.