Iran and Oman Discuss Strait of Hormuz Deal | Daybreak Europe 8/26/2026

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. Iranian Foreign Minister Abbas Araghchi and his Omani counterpart Badr Albusaidi discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz, according to a joint statement carried by the Oman News Agency, as the two sides press ahead with long-running talks over navigation through the key waterway. Stocks rose as Asian chipmakers advanced ahead of Nvidia results, with traders looking to the chip bellwether’s earnings for the next beat in the AI trade. And Bloomberg learns the Trump administration is discussing additional trade penalties against Canada after Prime Minister Mark Carney unveiled dollar-for-dollar retaliation to new tariffs imposed by the US. Chapters: 00:00:00 - Daybreak Europe 00:00:42 - Nasdaq Futures Underperforms Ahead of Nvidia 00:03:15 - Nvidia Report to Show Sustainability of AI Spending 00:05:09 - Iran, Oman Push for Interim Hormuz Reopening 00:05:36 - Hormuz Transit Routes Emerge 00:15:37 - ECB's Schnabel Says Rates Must Rise Further on Inflation Risks 00:18:25 - OpenAI Steps Into the Chips Race With Jalapeno 00:24:51 - Stocks Rise in Runup to Nvidia, Oil Extends Slide 00:28:14 - Carney Matches Trump Tariffs With 50% Tax on US Dairy, Steel 00:31:44 - Meta, States Have Discussed Settling Teen Social Media Case 00:35:11 - Trump-Backed Darline Graham Wins Senate Runoff in South Carolina 00:41:11 - France Heads Into Budget Debate on Weak Footing 00:43:21 - 'Queen of Country' Dolly Parton Dies at 80 -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts