After the US and Iran reached a ceasefire agreement, European engine manufacturers' stock prices rebounded strongly.

date
08/04/2026
Two weeks after US President Trump announced a ceasefire with Iran, oil prices fell below $100 per barrel, and European engine manufacturers saw strong increases in stock prices. Safran's stock price in France rose by 11%, Rolls-Royce in the UK rose by 10%, and MTU Aero Engines in Germany rose by 6.2%. Defense and aerospace stocks also rose, with Airbus, Indra Sistemas, and Babcock International Group each rising by 7%, 5%, and 4% respectively. Rheinmetall and Renk Group in Germany also saw increases, while other well-known companies in the industry had smaller gains.