Global shares advanced and oil prices eased as markets looked for signs of whether a shaky truce between the United States and Iran will be extended.
European shares gained 0.3 per cent on Wednesday, following advances for Asian markets, including record highs for Japanese and South Korean stocks fuelled by optimism over AI. MSCI's All-Country World Index also added 0.2 per cent.
Iran said on Tuesday US strikes near the contested Strait of Hormuz represented a "gross violation" of a ceasefire in place for nearly seven weeks. The US said its attacks were defensive in nature.