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Mon · 27 Jul 2026
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European Shares Rally on Iran-US Pause Optimism Despite Unresolved Hormuz

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European Shares Rally on Iran-US Pause Optimism Despite Unresolved Hormuz

📉 MARKETS — Europe prices a deal that hasn't been struck yet. 📌 LOOK CLOSER: Risk-on across European bourses prices a ceasefire that doesn't exist. Hormuz mines remain, Tehran rebuilds struck sites, and a drone hit near a US base hours ago. Energy indices gain as Brent drops — that correlation inverts fast if Thursday resumes strikes. European insurers and shippers absorbed weeks of war premium; one session reverses it.

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