(Il Sole 24 Ore Radiocor) - Milano, 1 apr - European share prices opened higher, following a rally in global markets as risk sentiment improved after US president Donald Trump suggested that military operations in Iran could wrap up within two to three weeks. Investors are closely monitoring the president's scheduled address to the nation tonight, seeking clarity on a conflict that has inflamed oil prices and battered equity markets for over a month.

Hope grew after Trump suggested that a formal deal with Tehran might not be necessary to end the fighting. However, the fact that the Strait of Hormuz remains closed is still causing significant tension in the region.

Traders are also focusing on the release of final manufacturing PMI data for March across the eurozone and the UK to assess the underlying health of the regional economy amid the energy shock.

At 0809 GMT, London's FTSE 100 was up 1.77% at 10,356.75 points, while in Frankfurt the DAX rose 3.04% to 23,321.22 points. Paris's CAC 40 gained 2.37% to 8,001.90 points. In Milan, the FTSE MIB climbed 2.44% to 45,391.50 points, and.

Madrid's IBEX 35 was 2.80% higher at 17,527.48 points.

(RADIOCOR) 01-04-26 09:17:58 (0185) 5 NNNN