European stock markets rose, driven by investor optimism over the potential resumption of talks between the United States and Iran. The STOXX Europe 600 index closed 1% higher, with media and travel sectors leading the gains. Energy stocks were the weakest performers as Brent crude oil fell below $100 per barrel. A source familiar with the discussions in Tehran revealed that Iran is considering a temporary suspension of its shipping through the Strait of Hormuz to avoid provoking a US blockade and undermining a new round of peace talks. US President Donald Trump stated that Tehran had initiated contact seeking an agreement after American forces began blockading Iranian ports. Buoyed by improved market sentiment, European stocks have rebounded more than 5% this month, approaching pre-conflict levels. Meanwhile, the S&P 500 index has recovered all its losses since the outbreak of hostilities.