Iran War: Trump Weighs Range of Options to Counter Oil Price Spike | Daybreak Europe 03/06/2026
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, the US says it is studying options to arrest a jump in oil prices driven by the Iran conflict. Ship traffic in the Strait of Hormuz has nearly stopped completely, according to the Joint Maritime Information Center.
Iranian missiles and drones targeted Middle East countries including Saudi Arabia, Kuwait and Bahrain, while Israel carried out a 12th wave of airstrikes on Tehran and the US suspended operations at its embassy in Kuwait.
President Trump told NBC he wants to replace Iran’s entire leadership structure and has some names in mind for a “good leader,” declining to elaborate.
Today’s guests: King’s College London Visiting Fellow Negah Angha & Energy Aspects Global Gas Head Livia Gallarati.
Chapters:
00:02:38 – Iran Barrage Sweeps Mideast as Trump Weighs In on Succession
00:08:06 – Stocks Recover as Dollar Slips, Oil Pares Losses
00:15:19 – "Critical Moment" in Iran War: Former US State Dept Adviser Says
00:18:09 – King’s College London Visiting Fellow Negah Angha
00:22:59 – US, Venezuela to Resume Diplomatic Ties
00:24:36 – US Issues License to Allow Some Russian Oil Sales to India
00:27:52 – Maritime Insurers Halt War Risk Cover for Persian Gulf
00:28:20 – Strait of Hormuz Shipping Is at Near-Total Halt, JMIC Says
00:29:52 – Energy Aspects Global Gas Head Livia Gallarati
00:37:59 – Odds That NATO Strike Iran Remain Low for Now
00:41:20 – Anthropic Vows Legal Fight Against Pentagon
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