Europe’s STOXX 600 rises after Trump postpones strikes on Iran power plants
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Trump pauses strikes on Iranian power plants Oil prices slide after Trump says held talks with Iran U.S. stock futures jump, oil slides after Trump touts "productive" Iran talks Gold erases some losses as Trump delays Iran strikes after “productive” talks (South Africa Philippines Nigeria) Europe’s STOXX 600 rises after Trump postpones strikes on Iran power plants By Economy Published 03/23/2026, 04:27 AM Updated 03/23/2026, 09:24 AM Europe’s STOXX 600 rises after Trump postpones strikes on Iran power plants 0 DE40 1.46% TLIT 5.66% LHAG 2.78% AIRF 3.27% CL -7.83% DE10YT=RR -1.08% PNDORA 10.05% FXXPc1 1.52% PST -6.57% DHER 10.07% By Avinash P and Johann M Cherian March 23 - European shares rose on Monday, reversing earlier losses after U.S. President Donald Trump said he would postpone any strikes on Iranian power plants and energy infrastructure following "productive conversations" with Tehran. The pan-European STOXX 600 rose nearly 1% to 577.36 points, having fallen nearly 2.5% earlier in the session. However, Iran denying any communication with the U.S. and Israel continuing its strikes in parts of Tehran kept a lid on sentiment. Regional bourses also recovered, with Frankfurt’s DAX leading gains with a 1.4% rise. Banks that had fallen earlier in the session gained 2%. Market mood was gloomy earlier in the session after Iran threatened to attack Israeli power plants and Gulf facilities supplying U.S. bases, in response to Trump’s threat to "obliterate" Iran’s power network. Crude fell 7% after Trump’s latest comments and weighed on shares of energy companies that lost 2%. An index tracking market volatility reversed gains and was marginally lower. Energy price-sensitive airlines also reversed losses with Air France and Lufthansa climbing 1% each. "This is the same type of thing that happened after Liberation Day," said Robert Pavlik, senior portfolio manager at Dakota Wealth, drawing a parallel to the volat...
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