India, June 13 -- European shares are seen opening sharply lower on Friday as trade uncertainties and escalating geopolitical tensions sparked flight to safety.

Israel declared a state of emergency after conducting "pre-emptive" strikes against Iran, targeting its nuclear plant and military sites.

Iran's Supreme Leader Ayatollah Ali Khamenei has vowed "severe punishment" against Israel while the Trump administration has sought to distance itself from the conflict, adding its top priority is protecting American forces in the region.

Meanwhile, markets remain cautious on the U.S.-China trade deal.

The specifics of the latest U.S-China framework agreement and details on how it will be implemented remain unclear.

It appears that there may ...