Iran War: Trump Says 'No Rush' as US, Iran Inch Towards Deal | Daybreak Europe 05/25/2026

Posted on 05/25/2026
|

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 US and Iran are closing in on a deal that would reopen the Strait of Hormuz, senior US officials said Sunday, even as President Donald Trump insisted he would not “rush” into an agreement.

Optimism over a deal pushed global stocks towards a record high as crude oil fell. Secretary of State Marco Rubio struck a cautiously upbeat tone, saying the US was going to give diplomacy every chance. “We thought we might have some news last night,” he told reporters in New Delhi. “Maybe today.”

Meanwhile the European Central Bank is set to lift its inflation outlook when policymakers meet next month, according to President Christine Lagarde.

Today's guests: Charu Chanana, Saxo, Chief Investment Strategist; Máximo Torero, Food and Agriculture Organization of the United Nations, Chief Economist.



Chapters:

00:00:00 - Daybreak Europe

00:01:30 - Oil Slides as US Touts Progress on Deal Toward Reopening Strait of Hormuz

00:07:33 - US, Iran Inch Toward Deal as Gaps Remain on Uranium, Sanctions

00:12:23 - Stocks Near Record High as Crude Oil Drops on Iran

00:17:08 - Rolls-Royce CEO on Reward, Recognition

00:20:41 - Rubio: US & India Strategically Aligned on Energy

00:23:52 - US Tells Green Card Seekers to Apply from Abroad

00:25:22 - Stocks Rise on Iran Deal Optimism

00:33:45 - Charu Chanana, Saxo, Chief Investment Strategist

00:41:19 - Máximo Torero, Food and Agriculture Organization of the United Nations, Chief Economist

--------

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