European stocks traded higher on Thursday, with the STOXX 50 gaining 1% and the STOXX 600 advancing 0.5%, rebounding after three consecutive sessions of losses.
The recovery was supported by easing oil prices, following a nearly 7% surge in crude over the previous two sessions.
Despite the decline in oil, the situation in the Middle East remains highly fragile, as hopes for de-escalation faded following fresh strikes by both the US and Iran.
Shipping traffic through the Strait of Hormuz continued, although volumes remained below normal.
The tech sector was among the strongest performers, with semiconductor stocks benefiting from upbeat global sentiment after demand for SK Hynix's US share offering exceeded the available shares by more than seven times.
ASML Holding rose 2.6%, Infineon Technologies gained 3.1%, and STMicroelectronics climbed 3.7%.
Meanwhile, AstraZeneca plunged more than 9% after its Wainua drug failed to meet its primary goal of reducing cardiovascular deaths.