(Il Sole 24 Ore Radiocor) - Milano, 2 apr - European share prices opened lower after US president Donald Trump indicated that the conflict with Iran would continue.

In a rare prime-time address, Trump noted that the US would strike Iran 'extremely hard' in the coming weeks, arguing that while key military objectives were close to being achieved, the conflict was not yet over. However, he provided no specific timeline for an exit, leaving investors uncertain about the scope and duration of the campaign.

Trump's hawkish tone immediately drove oil prices higher.

This surge has reignited concerns that sustained energy costs will keep inflation high, complicating the outlook for central bank policy.

Investors today will be looking out for the European Central Bank's latest economic bulletin for clues on interest rate developments.

At 0820 GMT, London's FTSE 100 was down 0.63% at 10,299.28 points, while in Frankfurt the DAX fell 1.29% to 22,974.00 points. In Paris, the CAC 40 was 1.11% lower at 7,892.43 points, and in Milan, the FTSE MIB slumped 1.18% to 45,176.50 points. In Madrid the IBEX 35 was 1.34% lower at 17,345.70.

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(RADIOCOR) 02-04-26 09:34:55 (0184) 5 NNNN