European markets set to rise on hopes that Iran peace talks can resume
Mihaela Păun
LONDON — European stocks are expected to open higher on Tuesday amid hopes that U.S.-Iran peace talks could resume despite a blockade on Iranian ports coming into effect. The U.K.'s FTSE 100 index is seen opening a touch higher, with Germany's DAX up 0.6%, France's CAC 40 up 0.2% and Italy's FTSE MIB adding 0.45%, according to data from IG. The U.S. military began its blockade of Iranian ports on Monday, in a development that threatens to further constrict global oil supply in the coming months.
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