European equity indices opened modestly higher on Tuesday, with Stoxx 600 up 0.1%, CAC 40 up 0.5%, FTSE 100 up 0.2%.
President Trump warned Iran of severe retaliation if a cease‑fire isn’t reached by Tuesday night, after Tehran rejected a 45‑day proposal.
Brent crude rose 1.4% to $111.28 per barrel and WTI jumped 2.1% to $114.74, fueling inflation concerns.
Universal Music Group shares surged over 14% after Pershing Square’s €55 billion cash‑and‑stock offer was announced.