FTSE 100 rises 0.8% as oil prices fall on US-Iran talks optimism

European stocks closed higher on Monday, with London's FTSE 100 rising 0.8% to 10,739.01, as oil prices fell on optimism for US-Iran talks. Brent crude dropped to $100.28 per barrel. In Germany, investors ignored political setbacks for Chancellor Merz. US Treasury Secretary Bessent reported successful trade talks with China. JD Sports announced expansion into Mexico, and gold prices edged lower. The pound was steady at $1.3372, and the euro firmed slightly.