European Stocks Fall Amid Iran-Israel Conflict, G7 Condemns Iran

European equity markets opened lower amid rising geopolitical tensions following U.S. President Donald Trump's hardline stance on Iran's nuclear program and the ongoing conflict between Iran and Israel. Trump called for Iran to completely abandon its nuclear ambitions and urged Iranian civilians to evacuate Tehran, escalating concerns about potential military actions. The conflict has entered its fifth day, leading to a flight to safety among investors and a notable decline in major European indices including Germany's DAX, France's CAC 40, and the UK's FTSE 100. Energy stocks saw slight gains due to surging oil prices, which have risen sharply amid fears of Middle Eastern supply disruptions, further complicating inflation concerns for European economies. The Group of Seven nations expressed strong support for Israel and condemned Iran as a source of regional instability, while Trump dismissed rumors that he was mediating a ceasefire. Market participants are now focused on the implications of these developments for both the geopolitical landscape and upcoming economic policy decisions, including the Federal Reserve's interest rate announcement.