European Equities Surge and Oil Prices Ease Following Trump's Iran Pledge

European equities rallied sharply and crude oil prices declined after Donald Trump pledged the U.S. will not launch military strikes against Iran before the midterm elections. The comments eased fears of immediate geopolitical supply disruptions, despite earlier reports that the Pentagon had drafted options for a three-day strike against Iranian assets. Sentiment was further boosted by falling French bond yields and remarks from Bank of France Governor Emmanuel Moulin downplaying second-round inflation effects. The STOXX 600 rose 0.9% to 631.22, Germany's DAX climbed 1.0%, and France's CAC 40 and the UK's FTSE 100 each gained about 0.8%.