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European shares rally as Middle East peace hopes drag oil prices lower
European shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-European STOXX 600 advanced significantly, with Spain's IBEX 35 hitting an all-time high. Travel and leisure stocks led gains, while energy shares lagged as crude prices fell.
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economictimes.indiatimes.com
Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyed
European stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting travel stocks. However, Wizz Air's…
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Global Market | European stocks rally as oil falls on hopes for US-Iran deal
