Monday, 03 August 2026 · World
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EUROS The World Financial Report
Nº 23 Monday, 03 August 2026 · World Edition
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Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slide

Markets-Economic Times · 2h ago · 🇮🇳 India
Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slide

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.

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