Iran War: Oil Hits 4-Year High on Report US Mulls Military Options | The Opening Trade 4/30/2026

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East.

Stocks steadied as some positive news on earnings helped to counter inflation concerns triggered by oil’s jump to the highest since the Iran war began.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie.

Chapters:
00:00:00 – The Opening Trade
00:00:55 – Market Check
00:02:31 – Oil HIts 4-Year High
00:04:45 – Samsung Record Profit, AI Divides Tech Earnings
00:07:23 – Fed Keeps Rates Steady
00:09:39 – AIr France-KLM Earnings
00:11:29 – BNP Paribas CFO
00:19:48 – Oil Hits Wartime High
00:26:42 – Credit Agricole CFO
00:35:43 – Norsk Hydro CEO
00:42:41 – France Prelim CPI
00:47:58 – Stocks to Watch: Stocks, Autos, Energy
01:06:51 – StanChart Profit Beats
01:17:13 – ECB, BOE Rate Decisions
01:23:51 – ECB Expected to Leave Rates on Hold
01:30:18 – Meta’s AI Spending Spree
01:35:35 – Divided Fed Officials
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