India, July 27 -- European stocks traded higher on Monday amid easing tensions between Washington and Tehran.
Brent crude prices fell around 6 percent toward $90 a barrel after the United States and Iran paused military strikes over the weekend, paving the way for talks to avoid a return to full-scale war.
Iran said it had made progress in talks with Oman on managing the strategic Strait of Hormuz, raising hopes that the key oil route would avoid further disruption.
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