STORY: European shares opened sharply lower on Friday (June 13).

Israel's attack on Iran hit global risk sentiment and sent investors flocking to safe haven assets.

The pan-European STOXX 600 was down 1.2% in early trade.

With the benchmark on track to log a fifth session in the red, setting it up for a weekly decline.

Israel launched strikes against Iran on Friday, hitting nuclear facilities and ballistic missile factories.

They want to stop Tehran from building an atomic weapon.

Iran retaliated by launching 100 drones.

The tensions add to caution in global financial markets as they grapple with the impact of Trump's tariffs policy.

The heightened tensions in the oil-rich Middle East sent prices of the commodity soaring, last up over 7%.

The travel and leisure sector was down over 3%.

British Airways owner ICAG and Lufthansa were both down over 4.5%.

Cruise operator Carnival's London-listed shares slipped 5%.

However, energy stocks soared, with Shell and BP both rising in early trade.