European markets opened the week with mixed results as investors reacted to civil unrest in Iran and mounting pressure on Federal Reserve chair Jerome Powell. Germany’s DAX rose 0.5%, while France’s CAC held steady and the UK’s FTSE climbed 0.1%. Protests in Iran have left over 500 dead following a violent government crackdown, according to human rights monitors. President Donald Trump warned of potential military responses, raising geopolitical tensions.

The situation has pushed crude oil prices higher, with benchmarks gaining over 3% last week. Powell faces a criminal investigation by the Justice Department over testimony about the Fed’s building renovation. He expressed concern the probe could undermine the central bank’s independence.

The investigation comes as Powell’s term approaches its end in May. Meanwhile, Capgemini shares fell sharply after Morgan Stanley downgraded the French IT firm, citing limited growth prospects. Market participants are watching for broader implications on European equities and energy markets.