Oil prices are climbing sharply mid-week as renewed military activity in the Middle East reignites supply disruption fears.

The geopolitical escalation is casting a shadow over global markets, with energy costs rising in response to the heightened risk premium.

The index opened Wednesday at 25,038 points, staying above the psychological 25,000-level.

On the German equity market, the DAX is holding firm, maintaining the stability it has shown in recent sessions.

The index opened Wednesday at 25,038 points, staying above the psychological 25,000-level.

This resilience follows a period where the benchmark had recovered quickly from earlier volatility, buoyed by shifting sentiment after softer-than-expected US labor data earlier in the week.

Defense stocks are among the clear beneficiaries of the geopolitical tension.