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2026-09-22T17:37:35.477Z

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European stocks climb on oil price drop

European stocks climb on oil price drop

European stocks recorded a strong rise driven by falling oil prices, reflecting a global diplomatic effort to de-escalate tensions in the Gulf and successful crossings of major shipping routes by oil tankers. This comes amid ongoing expectations of improved international relations, such as potential meetings between world leaders and positive reports from the Asia-Pacific region, which boost market confidence and encourage gains in Europe's main indices.

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