European stock indices declined during trading on Thursday, May 28, as investors assessed renewed tensions in the Middle East.

A U.S. official told Reuters that the U.S. military launched new airstrikes in Iran targeting a military site that officials concluded posed a threat to U.S. forces and commercial shipping in the Strait.

The Kuwaiti army announced in a statement today that its air defenses are currently intercepting hostile missiles and drones.

However, US Secretary of State Marco Rubio stated that some progress had been made in talks with Iran, and that they would be given every chance to succeed.