European pan‑market Stoxx 600 rose 0.1% while CAC 40 gained 0.5% and FTSE 100 edged up 0.2% after a holiday‑closed Monday.
Brent crude rose 1.4% to $111.28 per barrel and WTI jumped 2.1% to $114.74 amid heightened Middle East tensions.
Universal Music Group shares surged over 14% after Pershing Square Capital announced a cash‑and‑stock offer exceeding €55 billion to acquire the company.