Global Market: European shares rise as oil slumps on US-Iran de-escalation; tech earnings in focus

European stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensitive to fuel costs. Investors turned their attention to crucial quarterly earnings from major US technology companies. These results could shape the outlook for global equity markets and economic resilience. Vodafone shares rose after the telecom operator upgraded its financial outlook.