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Iran War: Trump Pledges Safe Mideast Oil Transit & Threatens Spain | Daybreak Europe 3/4/2026

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. On today's show, oil extended gains as fresh attacks flared in the Mideast and traders weighed Donald Trump's plan to insure and escort tankers passing through the Strait of Hormuz. Asian stocks plunged the most in a year, led by the biggest South Korean crash ever as the Iran conflict stokes inflation fears. The US President says he'll "cut off all trade with Spain" after the country denied access to its military bases for his bombing campaign against Iran. Today's guests: Bilfinger CEO Thomas Schulz & International Crisis Group Iran Project Director and Senior Adviser Ali Vaez (Source: Bloomberg)