Market Report - Europe

Europe midday: Stoxx rallies, oil falls on Iran Hormuz 'offer'

By Frank Prenesti

Date: Tuesday 22 Sep 2026

(Sharecast News) - European shares rallied and oil prices fell below $100 a barrel in late morning trade on Tuesday on reports that Iran could re-open the Strait of Hormuz within a week if the US eased military pressure.


The pan-regional Stoxx 600 index rose 0.5% to...

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