European stocks surge after Trump delays Iran strikes, signaling possible conflict de-escalation.

European stocks rebounded sharply after U.S. President Donald Trump announced a five-day delay in strikes on Iranian energy infrastructure, following productive talks between U.S. and Iranian officials aimed at resolving hostilities. The Stoxx 600 index rose 1.65%, with travel and leisure sectors leading gains. This development eased earlier market fears amid escalating tensions over the Iran conflict and the Strait of Hormuz blockade. Investors are now watching for further diplomatic progress and the impact on global energy prices and regional stability.