Oil Surges As Trump Vows To Hit Iran Hard | The Opening Trade 4/2/2026

Posted on 04/02/2026
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Crude oil soared after President Trump vowed to hit Iran ‘extremely hard’ in the coming weeks.

Trump's comments during a rare prime-time address offered little clarity on a resolution to the war, dampening hopes for a quick de-escalation to the conflict.

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 Anna Edwards and Lizzy Burden.



Chapters:

00:00:00 - The Opening Trade

00:01:15 - Will Hit Iran 'Extremely' Hard: Trump

00:03:11 - Stock Rally Fades, S&P Futures

00:06:46 - US Eyes Fresh Tariffs

00:09:29 - Estee Lauder, Puig Deal

00:09:45 - Iran War: UK Fuel Prices Record Surge

00:10:05 - NASA Rocket Launch

00:13:02 - Trump Speech Sparks Fresh Market Volatility

00:25:46 - US Allies Weigh Iran Outreach, Sanctions

00:41:04 - Weekend Risk-Off Playbook: MLIV

00:46:53 - Stocks to Watch: Novo Nordisk, Puig, Lufthansa

01:08:50 - NASA Launches First Crew Moon Mission in 50 Years

01:16:10 - Iran War: Air Travel Crisis

01:29:19 - A Year After Trump's 'Liberation Day'

01:32:24 - Stocks Extend Drop

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