Iran mulls U.S. proposals to end war

About this episode

Iran is considering a U.S. proposal to end the conflict while global markets react positively to the news.

Iran says it is considering U.S. proposal to end the conflict as well reportedly begins talks to re-open the Strait of Hormuz and the future of its nuclear programme. President Trump is optimistic an agreement can be reached. European equities close more than two per cent higher on hopes of a peace deal while Wall Street sees fresh record highs. Meanwhile Asian markets continue the rally with the Nikkei leading gains following an extended national holiday in Japan. UK polls open with local, regional, Welsh and Scottish national parliament seats being contested. Investors eye UK gilts with yields at multi-year highs. Shell easily beats quarterly expectations, posting profits of $6.92bn versus expectations of $6.07bn. The oil major has warned of production impacts linked to the Middle East conflict. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info .

Topics covered

• Iran-U.S. relations
• Middle East conflict
• European equities
• Wall Street
• Asian markets
• UK elections
• Shell profits

Keywords

• Iran
• U.S. proposals
• Strait of Hormuz
• President Trump
• European equities
• Shell profits
• UK elections

Mentioned in this episode

Organizations: Shell

Places: Iran, U.S., Strait of Hormuz, UK, Japan, Middle East

More episodes of Squawk Box Europe Express

• Investors await historic SpaceX listing · June 12, 2026 · 28 min
• Iran vows to target Strait of Hormuz-bound ships · June 11, 2026 · 27 min
• U.S.-Iran resume fire following downing of Apache in Gulf · June 10, 2026 · 29 min
• OpenAI targets $1tn US listing · June 9, 2026 · 29 min
• Israel and Iran trade missile strikes · June 8, 2026 · 26 min
• SpaceX IPO roadshow launches · June 5, 2026 · 26 min