European stocks opened higher today, supported by travel and leisure shares as investors eased concerns over Middle East tensions. This followed President Donald Trump's announcement that he had called off plans to strike Iran and revealed that negotiations would begin on Monday afternoon. Markets are now hopeful that the conflict will de-escalate and potentially lead to the reopening of the Strait of Hormuz. The STOXX 600 index opened at 649.47 points, up 0.04%, while France's CAC-40 rose 0.67% and Germany's DAX gained 0.88%.