European shares rise as oil drops

European shares started the week higher on Monday as declining oil prices and hopes for Middle East peace talks boosted investor risk appetite.

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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, October 28, 2026. REUTERS/Staff

European shares rose 0.42% to 649.44 points on Monday morning as Brent Crude Oil fell over 7% following diplomatic talks involving Iran and Qatar aimed at ending the conflict with Israel and the United States