European Markets Rise Despite Oil Price Increase

European markets recorded gains despite tensions in the Middle East and rising oil prices.

The pan-European Stoxx 600 index rose by 0.31%, while the German DAX strengthened by 0.06%, the French CAC 40 by 0.05%, and the British FTSE 100 by 0.29%.

Investors are monitoring military developments by the US and Israel against Iran. Prices for US crude oil exceeded $100 a barrel.

US President Donald Trump may postpone his trip to China, while central banks are meeting on monetary policy.