Oil Hits Wartime High on Report US Eyeing Iran Military Options | Daybreak Europe 04/30/2026

Posted on 04/30/2026
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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, Brent crude rallied to a wartime high, spiking above $126 a barrel, after Axios reported that US President Donald Trump is being briefed on options for new military action in Iran.

Nasdaq 100 futures erased earlier gains that were driven by robust US tech earnings. Alphabet jumped after reporting a clear payoff for Google from its AI spending. But Meta tumbled after announcing another hike in capex. Traders now look ahead to Apple earnings.

Plus, the Federal Reserve held rates in a split vote. Four policymakers dissented, in a sign that they're ready to resist pressure to cut. Fed Chair Jerome Powell says he intends to stay on as a governor when his term ends on May 15.

Today's guests: Ida Lerner, ING, CFO & Stefan Dörfler, Erste Group, CFO.



Chapters:

00:00:00 - Daybreak Europe

00:01:09 - Nasdaq Flat After Tech Earnings

00:03:40 - Oil Hits Wartime High on Report US Eyeing Iran Military Options

00:08:53 - Alphabet, Amazon Outpace Meta in AI During Earnings Bonanza

00:13:55 - Powell to Stay on as Fed Governor

00:17:51 - Ida Lerner, ING CFO

00:22:33 - Trump Pressures Putin on Ukraine Deal

00:23:43 - China Warns of Retaliation if EU Bans Huawei Gear

00:24:26 - Oil Jumps as Much as 7%, Stocks Swing to Losses

00:31:43 - French Economy Unexpectedly Failed to Grow as Iran Shock Hit

00:36:21 - ECB and BOE to Announce Rate Decisions

00:40:21 - Stefan Dorfler, Erste Group CFO

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