European equity markets traded mostly higher on Tuesday, even as oil prices climbed again amid ongoing concerns about tightening global supply.
U.S. President Donald Trump criticized several Western allies after they declined his request to deploy naval vessels to escort oil tankers through the Strait of Hormuz, as the U.S.-Israeli conflict with Iran entered its 18th day.
Iran has carried out a series of attacks against the United Arab Emirates (UAE), reportedly targeting Dubai International Airport and the Fujairah oil port, in what marks a significant escalation in the conflict.
Germany’s DAX Index was up 0.6 percent during the session, while France’s CAC 40 Index and the U.K.’s FTSE 100 Index both advanced by 0.8 percent.
Shares of Trustpilot Group (LSE:TRST) surged in London after the online review platform released strong full-year 2025 results and said it expects revenue to increase “in the high teens” on a constant-currency basis in 2026.
German life sciences company Sartorius (TG:SRT3) also posted solid gains after announcing new medium-term financial targets.
Industrial components manufacturer Essentra (LSE:ESNT) moved higher as well after reporting full-year 2025 results that matched analyst expectations.
In contrast, Close Brothers (LSE:CBG) declined sharply. Although the lender reported a smaller loss for the first half of its financial year, it also announced plans to eliminate about 600 jobs by 2027 as part of a broader cost-cutting program.
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