Oil prices rise amid Iran tensions as European stocks end mixed

European stock markets showed mixed performance as investors weighed geopolitical tensions against corporate developments. The pan-European Stoxx 600 ended Monday near its equilibrium point. While the French CAC 40 and Italian FTSE MIB saw gains, the German DAX and British FTSE 100 experienced declines.

Oil prices rose due to heightened risks involving Iran. According to US reports, several Iranian oil tankers were targeted following operations over the weekend. This geopolitical pressure contributed to a 1.29% increase in the oil and gas sector.