Market Report - Europe Close

Europe close: Markets rise, oil prices plunge on news Hormuz is 'open'

By Josh White

Date: Friday 17 Apr 2026

(Sharecast News) - European equities closed sharply higher on Friday as easing geopolitical tensions in the Middle East lifted investor sentiment, with markets buoyed by a ceasefire between Israel and Lebanon and prospects for renewed US-Iran negotiations.
"US indices hit new record highs and oil prices drop by 10% as Iran...

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