
"Iran Conflict Sees Glimmer of Hope" European Stock Markets Surge
After Iran announced the complete opening of the Strait of Hormuz to commercial shipping, European stock markets surged significantly on Friday. The pan-European STOXX 600 index rose 1.2%.
The UK FTSE 100 index increased by 52 points or 0.5%, closing at 10,642 points.
The German DAX index rose by 497 points or 2.1%, closing at 24,651 points.
The French CAC 40 index increased by 159 points or 1.9%, closing at 8,422 points

