European shares were set to open sharply lower on Friday after Israel launched widescale strikes against Iran, which pushed the oil price up by 7% and drove a rush out of risk assets.
Euro STOXX 50 futures, which track blue-chip euro zone stocks, dropped 1.4%, <with contracts on the German and French benchmarks each down over 1%.
Futures on Britain’s oil- heavy FTSE fell 0.4%.
(Reporting by Alun John)
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