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European shares lifted by oil stocks

European shares got help today from robust oil stocks after Donald Trump announced that his country turns its back on nuclear deal with Iran, sending oil prices up.

Shares of enterprises with exposure to Iran moved down, thus Airbus, Renault and PSA traded lower by over 1%.

The STOXX 600 had gained almost 0.2% getting to its highest reading in three months, as growing oil prices spurred FTSE up 0.4%.

The most increase was registered in oil and gas index, 1.5% rise to the top level in three years as the issue with Iran agreement caused worries over Middle East tensions and global oil supply.


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