Oil prices add more than 2%, while world shares are mostly lower

Oil prices rose more than 2%, driven by uncertainty over when the Strait of Hormuz may reopen, particularly after U.S. President Donald Trump commented on Iran's demands. However, global shares were mostly lower; major European indices like the CAC 40, DAX, and FTSE 100 all saw declines. Stocks in Asia also wavered, with the S&P 500 and Dow Jones Industrial Average slipping 0.1% despite reports of strong corporate earnings.