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Major European stock markets rose at the opening of Tuesday's session, as falling energy prices improved the investment climate.
European natural gas contracts fell about 16%, while oil prices fell nearly 10%, following statements by United States President Donald Trump, who said that the war with Iran could end soon.
A day earlier, oil prices had climbed to $120 a barrel. On Tuesday, U.S. WTI crude fell 7.5% to $87.7 a barrel, while Brent fell 7.3% to $91.8.
In stock markets, the pan-European Stoxx 600 index rose 1.81% to 605.67 points. London's FTSE 100 gained 1.40%, while Frankfurt's DAX rose 2%. In Paris, the CAC 40 rose 1.66%.
Southern European markets also posted gains. The FTSE MIB in Milan rose 2.34%, while the IBEX 35 in Madrid gained 2.37%.
Tuesday's move ended a three-day losing streak for the pan-European Stoxx 600 index, which lost almost 6% last week as global markets were rocked by the escalation of the conflict between the United States and Iran.
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