European markets climbed on Tuesday as investors in the region assessed the economic outlook and concerns over China’s tightening of Covid restrictions, which are continuing to pressure output.

The pan-European Stoxx 600 closed 0.8% higher provisionally, at its highest level for three months. Oil and gas stocks jumped 4.7% after Saudi Arabia denied a report that OPEC+ may boost oil output. Mining stocks rose 2.7%.

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