Market Report - Europe Close

Europe close: Equities rally, oil prices slide on Middle East deal hopes

By Josh White

Date: Friday 12 Jun 2026

(Sharecast News) - European share markets rallied on Friday and oil prices fell after US president Donald Trump paused threatened airstrikes against Iran and again claimed that an agreement to end the war and reopen the Strait of Hormuz was close.
The pan-European Stoxx 600 rose 1.8% to 632.73.

Germany's...

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