European stocks may open on a sluggish note on Friday as U.S. President Donald Trump’s latest comments on Iran reignited geopolitical supply and inflation concerns.

Trump downplayed the prospects of a comprehensive diplomatic solution with Iran, halted the negotiation process that Vice President Vance was advancing, and instead accepted a stalemate characterized by “no war, no talks.”

Trump also indicated he may use military force against Iran if U.S. allies and ships are threatened.

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