European stocks set to open higher as Iran war deadline unsettles markets

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11:06 Despite threatening language from the White House and a slightly higher oil price, European stock markets are gaining ground after the extended Easter weekend.

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European shares were mostly unchanged in early trade on Tuesday as escalating tensions in the Middle East and the imminent expiration of US President Donald Trump's ultimatum to Iran kept investors on edge. The pan-European STOXX 600 index rose 0.1% to 597.24 points at 10:15 Greek time. Most regional markets were flat or slightly higher, with Germany's DAX down 0.1% and Britain's FTSE 100 up 0.1%. Markets reopened after the Easter holiday on Tue…