US-Iran War Intensifies as Trump Downplays Desire For Deal | Daybreak Europe 9/2/2026

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. The conflict between the US and Iran escalated sharply, with American forces carrying out a fresh wave of strikes and Iran saying it had retaliated. The renewed fighting in the Middle East drove oil prices higher, fueling inflation fears and expectations for tighter monetary policy. Stocks, bonds and gold slumped. And Ukrainian President Volodymyr Zelenskyy warned airlines to avoid Russian airspace as he threatened to respond to Moscow’s escalating missile attacks by crowding its skies with drones. Chapters: 00:00:00 - Daybreak Europe 00:01:04 - Stocks, Bonds Extend Losses as Oil Gains on Iran 00:03:47 - BOJ Board Hawk Takata Leaves Door Open for Outsized Rate Hike 00:08:15 - Oil Extends Gain as Fresh US-Iran Attacks Cloud Hormuz Reopening 00:14:04 - Nvidia Said to Near $14B Hugging Face Deal This Week 00:18:55 - European Natural Gas Futures Surge to Highest Since January 2023 00:20:49 - Diesel Jumps to Four-Month High 00:23:54 - US-Iran Conflict Intensifies 00:29:08 - Bessent Says China Prevented Unanimous G20 Joint Communique 00:32:29 - Iran Uses Xi-Putin Bloc to Counter US Pressure 00:35:57 - Russia Bombards Kyiv With Drones and Missiles 00:40:56 - Burnham Prepares for First PMQs -------- 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