US President Donald Trump said renewed attacks on Iran would likely be short-lived, reiterating his claim Washington controls the Strait of Hormuz after fresh fighting spiked energy prices and rekindled fears of an open-ended war. It comes as US retail diesel prices hit the highest since mid-2022. 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 Guy Johnson and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:00:34 - Market Check 00:01:42 - Yen Intervention Risks 00:05:35 - Oil's Rally Eases 00:06:45 - Broadcom AI Chip Sales Boom 00:11:24 - Trump Says Iran Strikes Short-Lived 00:37:44 - Japan 30-Year Bond Sale 00:39:22 - Yen Jumps 1% Versus US Dollar 00:47:30 - Stocks to Watch: Deutsche Telekom, Watches of Switzerland 00:52:38 - WOSG Stock 00:58:45 - Europe Gas Futures 01:07:04 - Brent Crude Price 01:11:01 - US Retail Diesel Hits Four-Year High 01:13:50 - Elliot's Deutsch Telekom Stake 01:18:16 - BOJ is Said to Favor Quarter-Point Hike 01:25:42 - AFD Election 01:32:55 - Bank of Japan Rate Hike -------- 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