European Shares Seen Flat To Lower At Open After Mixed China Data

India, July 15 -- European stocks are seen opening flat to slightly lower on Wednesday as investors weigh geopolitical tensions and react to mixed economic data from China.

Brent crude futures climbed toward $86 a barrel after U.S. forces resumed the naval blockade against vessels transiting to and from Iranian ports and coastal areas, and President Donald Trump threatened to hit energy targets in Iran.

U.S. forces will intensify their campaign in the coming days, targeting power plants and bridges if Iran refuses to sign a deal with Washington, Trump was quoted as saying by Fox News as both sides escalated a standoff over control of the Strait of Hormuz.

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