11:53 AM EDT, 06/09/2026 (MT Newswires) -- The European stock markets closed mixed in Tuesday trading amid tumbling oil prices as investors continued to gauge the prospects of a peace deal in the Middle East.

The Stoxx Europe was down 0.2%, Germany's DAX was off 0.8%, France's CAC rose 0.1%, the FTSE 100 declined 1.3%, and the Swiss Market Index advanced 0.7%,

The price of front-month global benchmarks Brent crude fell 3.9% to $90.59 a barrel, while West Texas Intermediate crude dropped 4.5% to $87.21 a barrel.

In corporate news, certain BP shareholders are raising concerns over the company's future strategy following the removal of Chairman Albert Manifold, the Financial Times reported Tuesday, citing investors.

Manifold led the company's restructuring plan and cost-cutting drive, and his departure left investors worried that BP would lose its momentum, the report said. BP told investors that it would continue Manifold's strategy of simplifying the company, FT reported.

BP reiterated to MT Newswires that it is firmly focused on cost discipline and delivering value for shareholders.

The oil and gas major also said Tuesday that it will be run under a new, simplified organizational structure composed of two distinct business segments, Upstream and Downstream, beginning July 1.

Shares of BP shed 3.1% in London.

Stellantis' Chrysler is recalling about 1.1 million vehicles in the US because of a power steering pump wiring issue that could overheat and cause a fire, the National Highway Traffic Safety Administration said.

The regulator said the recall covers certain 2021 to 2025 Jeep Wrangler and Jeep Gladiator vehicles.

Shares of the automaker increased 0.4% in Paris.

Swiss lawmakers are considering proposals that would reduce the capital burden facing UBS Group under planned banking reforms introduced after the collapse of Credit Suisse, Reuters reported Tuesday, citing sources.

Reuters said the government's draft legislation, unveiled in April, would require UBS to fully back its foreign subsidiaries with common equity tier 1, or CET1, capital.

UBS did not immediately respond to MT Newswires' request for comment.

Shares of UBS gained 1.4% in Zurich.

ASML Chief Executive Christophe Fouquet warned the European Union against intervening directly in semiconductor supply chains, arguing that Europe should instead focus on building stronger technology companies, the Financial Times reported Tuesday.

According to the report, Fouquet said Europe should create more globally competitive technology champions across the semiconductor industry and increase its role in global chip production.

Shares of the Dutch semiconductor company closed nearly 2% higher in Amsterdam.

Lloyds Banking has launched Lloyds Accept, a new payments platform for UK small businesses, using Stripe infrastructure, Stripe said Tuesday.

Lloyds Accept allows business customers to accept in-person payments, use tap-to-pay functionality, and generate payment links for online transactions through their Lloyds Business Accounts, the company said.

Shares of the British bank were off 0.2% in London.