US President Donald Trump sits at a table monitoring military operations during Operation Epic Fury against Iran, with the US flag visible in the background, March 2, 2026 in Washington, USA.
White House via X | Anadolu | Getty Images
LONDON — European stock markets rebounded from early losses on Monday as investors reacted to the latest developments in the U.S.-Iran war, with soaring oil prices and falling bonds.
pan-european Stocks 600 The London market rose 0.6% just after 2:20 p.m. (9:20 a.m. Eastern time), and major exchanges in London, Paris and Milan all rose, narrowing the decline in the first half.
Energy stocks rose 1.3% in early afternoon trading as oil prices rose, but most other European sectors traded in positive territory.
European stocks followed Asia-Pacific stocks in falling on Monday after US President Donald Trump warned Iran to “move fast” to agree on terms of a peace deal.
In a post on Truth Social on Sunday, President Trump said “time is running out” for Iran, warning that “there will be nothing left” if it doesn’t act soon, adding that “time is of the essence.”
The president did not elaborate, but the warning comes as negotiations between the United States and Iran appear to have hit a deadlock.
ryanair Shares fell 3.3% after the low-cost carrier said its after-tax profit rose 40% to 2.3 billion euros ($2.7 billion) for the year ended March. Ryanair Chief Financial Officer Neil Sorahan said the airline had hedged 80% of its summer jet fuel budget and was preparing for an “Armageddon situation” amid continued uncertainty over oil prices.
Oil prices rose overnight, with international benchmark Brent crude oil futures for July up 1.57%, trading at $110.97 per barrel. U.S. West Texas Intermediate futures for June rose 1.89% to $107.41 per barrel.
Rising energy costs will be in focus as G7 finance ministers and central bank governors meet in Paris later on Monday.
The summit comes amid a sharp decline in global bond markets. yield of 10 year US bond The last time the stock rose more than 1% was 4.6073%, a 15-month high. 10 years gilt The benchmark yield on UK government borrowing reached 5.165% on Monday, despite falling by about 1 basis point. Yields improve in other regions 10-year German Bundestag It was 3.1776%, more than 2 basis points higher.
— CNBC’s Garrett Downs and Justina Lee contributed to this market report.
