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The Economic Times
The Economic Times
Business
Anupam Nagar

Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautious

European shares edged higher on Friday and were on track to post a weekly gain as oil prices retreated, although investors remained cautious over developments in the Middle East.

The pan-European STOXX 600 rose 0.7% to 640.66 points by 0704 GMT, putting the benchmark on course for its first weekly advance after three consecutive weeks of losses. Most regional markets also traded in positive territory.

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