{"id":128137,"date":"2026-06-08T14:18:27","date_gmt":"2026-06-08T10:18:27","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=128137"},"modified":"2026-06-08T14:18:30","modified_gmt":"2026-06-08T10:18:30","slug":"european-stocks-sink-as-iran-and-israel-break-ceasefire-iranian-official-says-peace-deal-no-longer-feasible","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/european-stocks-sink-as-iran-and-israel-break-ceasefire-iranian-official-says-peace-deal-no-longer-feasible\/06\/08\/market-updates\/","title":{"rendered":"European Stocks Sink as Iran and Israel Break Ceasefire: Iranian Official Says Peace Deal &#8220;No Longer Feasible&#8221;"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><\/h1>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Takeaways<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Broad-based decline:<\/strong> The Stoxx 600 fell 0.9%, Germany&#8217;s DAX dropped 1.3%, France&#8217;s CAC 40 slid 0.9%, and the U.K.&#8217;s FTSE 100 was down 0.4%.<\/li>\n\n\n\n<li><strong>Ceasefire collapses:<\/strong> Iran and Israel attacked each other for the first time since the April truce \u2014 the most serious breach yet.<\/li>\n\n\n\n<li><strong>How it started:<\/strong> An Israeli strike on Beirut triggered Iranian retaliation, which drew further Israeli strikes on targets in central and western Iran.<\/li>\n\n\n\n<li><strong>Escalation widens:<\/strong> Alarms warned of new Iranian attack waves on Monday; Israel also intercepted a ballistic missile launched from Yemen.<\/li>\n\n\n\n<li><strong>IRGC strikes southern Israel airbases:<\/strong> Iran&#8217;s Revolutionary Guard confirmed attacking air bases in southern Israel.<\/li>\n\n\n\n<li><strong>Peace deal &#8220;no longer feasible&#8221;:<\/strong> An Iranian official told MS NOW that an agreement is no longer achievable at this stage.<\/li>\n\n\n\n<li><strong>Trump remains optimistic:<\/strong> The president said the strikes would not derail the White House&#8217;s ongoing effort to forge a peace deal with Iran.<\/li>\n\n\n\n<li><strong>Oil climbs:<\/strong> Crude prices advanced on the renewed hostilities, reinforcing energy inflation fears.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p>European stock markets opened lower on Monday, while oil prices climbed, following a resumption of attacks between Iran and Israel that threatened to derail talks to end a fragile U.S.-backed ceasefire in the Middle East.<\/p>\n\n\n\n<p>By 03:03 ET (07:03 GMT), the pan-European Stoxx 600 had fallen 0.9%, Germany&#8217;s DAX had declined 1.3%, France&#8217;s CAC 40 had slid 0.9%, and the U.K.&#8217;s FTSE 100 was down 0.4%.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">First Direct Iran-Israel Exchange Since April Ceasefire<\/h2>\n\n\n\n<p>The strikes marked the first time that Iran and Israel had attacked each other since the shaky truce took effect in April.<\/p>\n\n\n\n<p>Media reports said the latest exchange began with an Israeli strike on the Lebanese capital of Beirut. Israel has been fighting Iran-backed Hezbollah militants in Lebanon, although the conflict had not recently escalated beyond some skirmishes. Tehran then responded with attacks of its own, sparking a retaliation from Israel that its military said hit targets in central and western Iran.<\/p>\n\n\n\n<p>On Monday, Israel said alarms warning of new waves of attacks from Iran had been sounded, adding that it had also intercepted a ballistic missile launched from Yemen, the Wall Street Journal reported. Iran&#8217;s Islamic Revolutionary Guard Corps also noted that it had attacked airbases in southern Israel, according to the WSJ.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Peace Deal &#8220;No Longer Feasible&#8221;<\/h2>\n\n\n\n<p>Still, U.S. President Donald Trump said the strikes would not impact the White House&#8217;s ongoing effort to forge a peace deal with Iran \u2014 although an Iranian official told MS NOW that an agreement is &#8220;no longer feasible at this stage.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Broad-based decline: The Stoxx 600 fell 0.9%, Germany&#8217;s DAX dropped 1.3%, France&#8217;s CAC 40 slid 0.9%, and the U.K.&#8217;s FTSE 100 was down 0.4%. Ceasefire collapses: Iran and Israel attacked each other for the first time since the April truce \u2014 the most serious breach yet. How it started: An Israeli strike on &hellip;<\/p>\n","protected":false},"author":9,"featured_media":98251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6827,49,37,36],"tags":[],"class_list":["post-128137","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/128137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=128137"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/128137\/revisions"}],"predecessor-version":[{"id":128138,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/128137\/revisions\/128138"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=128137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=128137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=128137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}