(RTTNews) - German stocks turned in a mixed performance in cautious trade Monday morning as concerns about U.S.-Iran tensions, higher oil prices and bond yields weighed on sentiment. Oil prices rose sharply on renewed concerns about energy supply as U.S. President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz and signaled possible new military strikes after midterm elections. After publicly rejecting Iran's latest proposal to reopen the Strait of Hormuz and other demands regarding naval blockades and easing economic measures, Trump reportedly told aides he expects U.S. bombing to resume after midterm elections.
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