Oil prices and markets look for direction amid conflicting messages from Iran and the US 😔

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European stock markets experienced gains on Wednesday but opened lower on Thursday due to a sell-off in Asian markets and mixed messages regarding the Iran conflict. Key indices fell between 0.4% and 0.8%, while oil prices rose amid tensions in the Strait of Hormuz. Investors are awaiting a ceasefire, but uncertainty remains as Iran and the US exchange conflicting statements.