European shares inched higher on Tuesday as falling oil prices helped ease worries about inflation and the outlook for interest rates.

Brent crude futures held near $82 a barrel after reports suggested that U.S. President Trump may release a preliminary deal to end the war with Iran before Friday.

The specific terms of the deal remain unclear, but Trump said the Strait of Hormuz could reopen as soon as Friday.

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European Shares Inch Higher As Inflation Worries Ease

2026-06-16 09:11:31

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