(Il Sole 24 Ore Radiocor) - Milano, 11 mag - European share prices opened mixed, amid cautious sentiment after negotiations between the US and Iran hit a standstill.

Markets on the continent are retreating as investors react to US president Donald Trump labeling Iran's response to peace proposals as "unacceptable" a move that has reignited geopolitical tensions in the Middle East, triggering a sharp rally in energy markets, with Brent crude surging nearly 4% as concerns over supply stability return to the forefront.

Investors are also keeping a close watch on Washington, where the Senate is expected to vote on the nomination of Kevin Warsh as the next Fed chair. With his confirmation largely seen as a formality following committee approval, market participants are preparing for the official leadership transition from Jerome Powell scheduled for Thursday.

At 0713 GMT, London's FTSE 100 was up 0.37% at 10,271.25 points while in Frankfurt the DAX edged up 0.04% to 24,317.71 points. In Paris, the CAC 40 fell 0.54% to 8,068.60 points.

Milan's FTSE MIB slumped 0.02% to 49,277.50 points while in.

Madrid the IBEX 35 was 0.18% lower at 17,856.68 points.

(RADIOCOR) 11-05-26 09:30:39 (0154) 5 NNNN