Frankfurt’s DAX 40 rose 0.5% to around 25,300 on Wednesday, hovering near its highest level since January after a weak session the previous day. Investors looked ahead to concrete progress in US-Iran talks despite renewed tensions, betting on a potential agreement that could re-establish energy flows through the Strait of Hormuz. The automotive sector led the advance, supported by Volvo’s strong performance. Continental, Daimler Truck, Mercedes-Benz Group, and Volkswagen each gained more than 2%.