{"id":96219,"date":"2026-08-03T09:37:08","date_gmt":"2026-08-03T09:37:08","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/96219\/"},"modified":"2026-08-03T09:37:08","modified_gmt":"2026-08-03T09:37:08","slug":"rolls-royce-climbs-after-trump-promises-iran-talks-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/96219\/","title":{"rendered":"Rolls-Royce climbs after Trump promises Iran talks"},"content":{"rendered":"

\"Rolls-Royce<\/a> Rolls-Royce climbs after Trump promises Iran talks Proactive uses images sourced from Shutterstock <\/p>\n

Rolls-Royce Holdings PLC (LSE:RR.)<\/a> and Melrose Industries PLC (LSE:MRO, OTC:MLSPF)<\/a>\u00a0shares climbed on Monday as hopes of a diplomatic breakthrough between the US and Iran lifted the\u00a0aerospace and defence sector. <\/p>\n

Rolls climbed 4%, while Melrose rose 3.9%. Babcock International PLC (LSE:BAB)<\/a>\u00a0gained 2.4% and BAE Systems PLC (LSE:BA.)<\/a>\u00a0added 0.9%. <\/p>\n

Sentiment improved after Donald Trump said over the weekend that\u00a0planned US strikes against Iran had been cancelled and fresh talks would begin on Monday. <\/p>\n

The US president said he held off at the urging of Gulf allies including Saudi Arabia, Qatar and the United Arab Emirates. <\/p>\n

Trump said a possible agreement would include the immediate reopening of the Strait of Hormuz and an end to Iran’s nuclear threat. <\/p>\n

Separately, Iranian officials said negotiations with Oman over a new shipping route through the strait were approaching their final stages. <\/p>\n

Brent crude tumbled 4.9% to $83.62 a barrel as the prospect of a diplomatic deal reduced fears of further disruption to energy supplies and global trade. <\/p>\n

The decline in oil prices offered further support to aviation-related companies. Rolls-Royce makes aircraft engines and Melrose owns aerospace supplier GKN Aerospace. <\/p>\n","protected":false},"excerpt":{"rendered":"Rolls-Royce climbs after Trump promises Iran talks Proactive uses images sourced from Shutterstock Rolls-Royce Holdings PLC (LSE:RR.) and…\n","protected":false},"author":2,"featured_media":96220,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20731],"tags":[23134,40862,24,5765,1238,3489],"class_list":["post-96219","post","type-post","status-publish","format-standard","has-post-thumbnail","category-rolls-royce","tag-bae-systems-plc","tag-diplomatic-breakthrough","tag-iran","tag-melrose-industries","tag-rolls-royce","tag-trump"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/117030908259008804","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/96219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=96219"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/96219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/96220"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=96219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=96219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=96219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}