European stocks are set to rise on Wednesday as oil prices trade lower on renewed hopes of a negotiated settlement to the Iran war. London's FTSE 100 looks set to open 1% higher, bouncing back from heavy losses on Tuesday, according to IG data. France's Cac 40 and Germany's Dax are on course to rise 0.8%. The provisional moves upward after President Donald Trump said he is pausing "Project Freedom," the U.S. plan to "guide" ships through the Strait of Hormuz. In a Truth Social post, he cited "

Tag-uri: Donald Trump