India, July 28 -- European stocks climbed higher on Tuesday, lifted by some strong earnings updates, and lower oil prices amid hopes about resumption of U.S.-Iran peace negotiations aided sentiment.
Oil prices extended declines to touch a one-week low amid easing West Asia tensions after U.S. President Donald Trump claimed that Washington has engaged in "good talks" with Tehran.
Automakers were broadly higher following reports that France and Germany are pursuing a new initiative to revive the auto industry.
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