European stocks set for a cautious open as investors focus on geopolitics and trade

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European stocks looked set for a cautious open Tuesday as investors monitor the fallout from the weekend's Saudi oil attacks.

Oil prices pared some of Monday's massive gains on Tuesday morning after the U.S. signaled intent to release crude reserves, but the lingering threat of military confrontation kept investor confidence relatively low.

The U.S. Trade Representative's office said on Monday that deputy-level talks between the world's two largest economies are set to start in Washington on Thursday, paving the way for high-level talks in October intended to resolve the drawn out trade war.

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