European pan‑market Stoxx 600 rose 0.1% by 03:08 ET, with CAC 40 up 0.5% and FTSE 100 up 0.2%.
President Trump warned Iran of “every bridge” destruction if a cease‑fire isn’t agreed by his Tuesday deadline, after Iran rejected 45‑day proposal.
Brent crude rose 1.4% to $111.28 per barrel and WTI up 2.1% to $114.74, fueling inflation concerns.
Universal Music Group shares jumped over 14% after Pershing Square announced a cash‑and‑stock offer exceeding €55 billion.