World shares were mostly higher Tuesday as another round of peace talks between Russia and Ukraine got underway.
Crude oil prices reversed course with moderate gains after sinking 7per cent on Monday.
Markets remain unsettled as investors try to gauge what's next for inflation and the global economy as the repercussions of Russia's invasion of Ukraine continue to play out.
The first face-to-face talks in two weeks between Russia and Ukraine began Tuesday in Turkey, raising meager hopes of progress on ending a war that has ground into a bloody campaign of attrition.
Germany's DAX jumped 1.3per cent to 14,599.17 and the CAC40 in Paris surged 1.7per cent to 6,700.18. Britain's FTSE 100 gained 0.8per cent to 7,531.55. Russia's MOEX index climbed 3.7per cent in the second day of full trading after it was closed for about a month following the Feb.