Live Update 
From the Liveblog of
Tuesday, August 25, 2026
From the Liveblog of
Tuesday, August 25, 2026
European shares climb on relief over Iran sanctions, defense gains
Add ToI as a Preferred Source on GoogleEuropean shares edge higher as investors take comfort in a softer-than-feared US sanctions package against Iran, while gains in defense stocks boost sentiment.
Yesterday, the Trump administration warned countries to cut their business ties with Iran or face secondary sanctions as part of what it billed as an “economic D-Day,” though the Treasury Department stopped short of imposing any penalties.
Oil prices fall further as traders see little immediate threat to global crude supplies from the latest US measures.
Iran promised to retaliate against the expanded US sanctions and said it was confident major trading partners would resist Washington’s pressure campaign.
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