Brent Tumbles 4-5% as Iranian State TV Reveals Draft US Framework Deal — CAC 40 Closes Up 0.43%, FTSE 100 +0.13%, DAX Edges Lower
European equity markets traded mixed on Wednesday 27 May 2026 as Brent crude plunged 4-5% on news that Iranian state television had reviewed the text of a draft initial framework deal with Washington. The CAC 40 closed up 0.43% at 8,207.89, FTSE 100 finished +0.13% at 10,505.01, while the DAX edged 0.03% lower. The euro firmed to $1.0942 on stronger Ifo data.