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Brent Oil Drops Below $100 As Trump Talks War End | The Opening Trade 4/1/2026

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President Trump said the Iran War could end within two to three weeks, even as missile and drone attacks continued across the Middle East and the Strait of Hormuz remained effectively closed. Brent crude tumbled below $100 a barrel and stocks jumped.

A third US aircraft carrier strike group is also heading to the Middle East, suggesting a possibility of further escalation.

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
00:00:28 – Market Check
00:01:37 – Iran War End Optimism
00:03:57 – Brent Oil Climbs, Asian Nations Feel Energy Pinch
00:05:53 – OpenAI Hits $852 Billion Valuation
00:08:20 – MSCI Upgrades Greece to Developed Market
00:08:48 – LaGarde Said to Call Out Bessent on Iran Damage
00:09:49 – Nike Sales Miss
00:11:08 – Trump Says US Will Leave Iran Within 2 or 3 Weeks
00:26:11 – Stocks Soar on Iran War Optimism
00:34:03 – Gold Price
00:39:12 – Brent Oil Extends Losses
00:47:14 – Stocks to Watch: Chip Stocks, Sportswear, Energy
01:06:41 – Iran War: Asian Exposure to Gulf Crisis
01:09:06 – Nike Expected Revenue Decline
01:21:10 – NASA Returns to the Moon
01:27:45 – OpenAI Raises $122B for Record Valuationl
01:31:56 – France: Terrorism Charges Over BofA Bombing Attempt
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Reed Hastings Stepping Down as Netflix Chairman and Co-Founder

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Bloomberg’s Geetha Ranganathan breaks down a subpar earnings report from Netflix, as the media giant’s forecast fell short of analyst estimates.
Alongside the report, Netflix also announced that its co-founder and chairman Reed Hastings would step down from the board in June after 29 years.
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India’s Parliament Expansion and the North-South Divide

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India’s government is pushing to expand parliament and advance seat redistribution, prompting opposition from southern states that fear losing political influence to the more populous north. The debate centres on delimitation, women’s reservation and federal balance, with implications for future elections. Yamini Aiyar, Senior Visiting Fellow at Brown University, joined Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin to explain why the timing and process are contentious.
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EU Special Rep. Says Peace Requires Israel Restrains Itself

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European Union Special Representative for Human Rights Kajsa Ollongren joins David Gura and Christina Ruffini on Bloomberg This Weekend the upcoming European Leaders Summit as they meet on Friday for talks with the war in Iran on the agenda.
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Global Financial Watchdog to Share Insight on Anthropic’s Mythos

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The Financial Stability Board is gathering information from members about potential risks posed by Anthropic’s Mythos model as it look to share such insights more broadly among its network of regulators and central bankers to help them judge the risks of autonomous cyber attacks. Bloomberg’s Jake Bleiberg reports.

Bank of Canada Governor Tiff Macklem, who heads the FSB’s key committee for monitoring risks, said officials have “work to do” as they assess the severity of the risks posed by the artificial intelligence model relative to other budding dangers like private credit and the global energy crisis.
The topic has featured heavily in conversations at this week’s International Monetary Fund and World Bank meetings. It was discussed at a meeting of FSB representatives on Wednesday amid concerns that financial systems beyond the US are disadvantaged because they have little access to the model created by San Francisco-based Anthropic.
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US, Iran Seek More Talks; US Blocks Hormuz | Horizons and Middle East & Africa 4/15/2026

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Growing optimism the US and Iran could be looking to arrange a second round of talks, with President Trump telling Fox Business …

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