Iran War: Tanker Attacks Spike Oil & Trump Trade Probe | Daybreak Europe 03/12/2026
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
On today’s show, Brent rallied back to the $100 level after Oman cleared all ships from its key export oil terminal and two tankers were attacked in Iraqi waters.
US President Donald Trump vowed to “finish the job” in the campaign against Iran.
The Trump administration started investigations into trading partners including the EU, China and India, setting the stage for new tariffs.
Today’s guests: Sophie Huynh, Portfolio Manager and Strategist in Dynamic Asset Allocation at BNP Paribas Asset Management & Citi EMEA Technology Investment Banking Co-Head Amit Nayyar
Chapters:
00:00:00 – Daybreak Europe
00:03:17 – Brent Oil Soars Back Above $100 as Impact From Iran War Deepens
00:07:05 – US to Release 172 Million Barrels of Oil for IEA Relief Plan
00:07:24 – Trump Touts Oil Supply Moves, Vows to Finish the Job in Iran
00:11:36 – Next Fed Rate Move May be Delayed Due to Oil: MS
00:14:26 – Iran Says Truce Depends on US, Israel Pledging Not to Strike
00:17:16 – Cliffwater, Morgan Stanley Cap Redemptions
00:22:45 – Currie: No Policy Can Stop Crude’s Ascent
00:25:39 – Global Bonds Erase 2026 Gains as War Fuels Inflation Angst
00:29:12 – Sophie Huynh, Portfolio Manager and Strategist in Dynamic Asset Allocation at BNP Paribas Asset Management
00:39:04 – Citi EMEA Technology Investment Banking Co-Head Amit Nayyar
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