Market Report - Europe

Europe midday: Shares rally as US pauses sanctions on Russian oil

By Frank Prenesti

Date: Friday 13 Mar 2026

(Sharecast News) - European shares rallied on Friday as oil prices slid below the critical $100 level after the US paused sanctions on Russian oil exports in a desperate bid to ease the supply crisis caused by the war on Iran.


The pan-European Stoxx 600 index was down...

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