European Shares Poised To Open Higher In Cautious Trade

European stocks are seen opening broadly higher on Tuesday, though London’s FTSE 100 may fall at open as oil prices fluctuated following reports that U.S. President Donald Trump is willing to end the U.S. military campaign against Iran even if the strategically vital Strait of Hormuz remains largely closed.

Instead, the administration plans to achieve core objectives – crippling Iran’s navy and missile capabilities and resuming normal operations in the strait, according to a Wall Street Journal report.