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Europe primed for a flat open with Crude seeing two-way action – Newsquawk EU Market Open

August 6, 2026
Source: zerohedge.com zerohedge.com
News Snapshot:
US VP Vance said negotiations with Iran will take some time and that talks with Iran were 'messy', but will land in a 'good' place for the US.Iran's Deputy Foreign Minister said an understanding with Oman does not mean opening the Strait of Hormuz.Yemeni Houthis announced they targeted a Saudi oil vessel in the Gulf of Aden.Crude futures saw two-way trade and attempted to nurse some of the recent losses, in which Brent crude briefly returned to the USD 80/bbl territory.APAC stocks traded mostly lower following a similar performance stateside; European equity futures indicate a mildly positive cash market open.Looking...
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