Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slide
· economictimes.indiatimes.com
According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The development triggered a sharp decline in crude oil prices, with oil futures falling nearly 5.9% on expectations that tensions in the Middle East could ease and the Strait of Hormuz could remain open to global shipping.
Synopsis
According to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against Iran. The de...