investingLive European markets wrap: US-Iran 'he says, she says' drive volatility, caution

AI summary

<p>US-Iran news:</p><ul><li><a href="https://investinglive.com/news/two-missiles-hit-a-us-warship-near-jask-island-after-it-ignored-irans-warnings-fars-20260504/">Two missiles hit a US warship near Jask Island after it ignored Iran's warnings - Fars</a></li><li><a href="https://investinglive.com/news/senior-us-official-denies-a-us-ship-was-hit-by-iranian-missiles-axios-20260504/">Senior US official denies a US ship was hit by Iranian missiles - Axios</a></li><li><a href="https://investinglive.com/news/uae-says-its-oil-tanker-was-fired-at-by-iranian-drones-in-the-strait-of-hormuz-20260504/">UAE says its oil tanker was fired at by Iranian drones in the Strait of Hormuz</a></li><li><a href="https://investinglive.com/news/iran-says-will-respond-harshly-warns-the-us-against-entering-the-strait-of-hormuz-20260504/">Iran says will "respond harshly", warns the US against entering the Strait of Hormuz</a></li><li><a href="https://investinglive.com/news/irans-irgc-spokesperson-any-vessel-violating-irans-rules-will-be-stopped-by-force-20260504/">Iran's IRGC Spokesperson: Any vessel violating Iran's rules will be stopped by force</a></li><li><a href="https://investinglive.com/news/ukmto-says-us-has-established-some-security-to-to-support-transit-along-strait-of-hormuz-20260504/">UKMTO says US has established some security to to support transit along Strait of Hormuz</a></li></ul><p>Yen-tervention action:</p><ul><li><a href="https://investinglive.com/forex/usdjpy-quick-dump-20260504/">USD