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

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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.

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
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Bloomberg This Weekend | Trump Calls Iran “Small Potatoes”, US Envoys in Russia

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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by Nashville Public Radio Senior Reporter & Producer Meribah Knight, Wall Street Journal National Security Reporter Vera Bergengruen, Seaport Research Managing Director & Chief Equity Strategist Jonathan Golub, EU Ambassador to the US Jovita Neliupšienė and The Atlantic Staff Writer and “The Time Tax” Author Annie Lowrey.

Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:01:31 – News Now with Lisa Mateo
00:04:14 – Trump Says US Controls Strait of Hormuz
00:07:13 – Diesel Prices Hit Another Record High at $5.88/Gal
00:12:51 – OPEC+ Meeting Sunday Amid Oil Supply Crunch
00:18:00 – Lisa Mateo with News Now
00:19:39 – Apple to Start Ternus Era With Record-Size Pipeline of Products
00:21:21 – Apple to Unveil New Devices Releases Next Week
00:22:53 – Apple CEO Teases Future Products, ‘Phenomenal’ iPhone Launch
00:24:37 – John Ternus Officially Replaces Tim Cook as Apple CEO
00:25:49 – Why Apple Being Late on AI May Be An Advantage
00:28:53 – The Real Toll of Europe’s Heatwave
00:31:30 – News Now with Lisa Mateo
00:33:23 – OpenAI Rolls Out New GPT-6 Astra Model
00:34:21 – OpenAI Limits Access to New Model’s Cybersecurity Features
00:35:49 – OpenAI CEO on Cybersecurity Risks
00:41:33 – AI Helping Bridge Communications Gap With Animals
00:48:33 – Top of the Hour with Bloomberg This Weekend
00:49:13 – Lisa Mateo with News Now
00:51:26 – Trump’s Venezuela Deal Blindsided US Oil Industry
00:54:13 – Trump: Venezuela Oil Deal “Greatest Ever Made”
00:56:00 – CNN: Trump Admin Closes Criminal Probe Into Betancourt Amid Oil Deal
01:03:25 – Kushner, Witkoff Arrive in Moscow for Putin Meeting
01:04:31 – NYT: Pentagon Orders Polygraphs Over Leaks
01:06:31 – News Now with Lisa Mateo
01:08:24 – August Jobs Report Blows Past Expectations
01:12:04 – Second Quarter Earnings Season Wrapping Up
01:17:08 – Nvidia to Acquire AI Startup Hugging Face for $13B
01:18:54 – Anthropic Finalizing $15B Pre-IPO Credit Facility
01:20:02 – Lisa Mateo with News Now
01:21:35 – “Our Town”: A Small Town’s Battle Over Identity
01:30:02 – Ad – BTW with Lisa Mateo
01:37:02 – Top of the Hour with Bloomberg This Weekend
01:38:28 – Headlines with Lisa Mateo
01:40:42 – Kushner, Witkoff Arrive in Russia for Peace Talks
01:47:16 – EU Ambassador on US-NATO Relationship
01:53:33 – Dutch Central Bank Cuts Gold Reserve in US
01:55:02 – News Now with Lisa Mateo
01:56:49 – Esper on NYT: Pentagon Orders Polygraphs Over Leaks
01:59:25 – Army Secretary Resigns After Clash with Hegseth
02:03:04 – South Korea Weighs Military Options in Mideast
02:08:34 – Lisa Mateo with News Now
02:10:34 – The ‘Time Tax’ is The Hidden Cost of American Life
02:18:35 – CENTCOM: US Destroys 3 Iranian Tankers After Iran Targets US Navy Destroyer & Aircraft Carrier

——–
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Who Is Buying America’s Debt These Days?

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With the US now $40 trillion in the red, the US Treasury’s sudden move to rein in bond yields has cast a spotlight on who is, and isn’t, purchasing American debt these days.

US Public Debt Hits $40 Trillion, Raising ‘Doom Loop’ Risk: https://bloom.bg/4xZMpMy

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#Debt #Treasury #Bonds #Finance #Markets #Investing

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World Bank’s Mishra Pushes Back on India Growth Doubts

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A range of high-frequency indicators show India’s economy is gaining momentum, said World Bank Executive Director Neelkanth Mishra, pushing back against skepticism over GDP data, in an interview with Bloomberg’s Haslinda Amin and Menaka Doshi.
——–
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How America Got Hooked On Celsius

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In a corner of the beverage industry known as much for over-caffeinated hype as it is for outrageous naming conventions, new brands appear just as quickly as others disappear. Deena Shanker explains how Celsius has managed not only to outlast most of its competition, but to stand apart.
——–
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Bloomberg This Weekend | Iranian Tanker Sinks, Push For Peace in Ukraine, State of the Labor Unions

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The news doesn’t stop when markets close. Hosts David Gura, Christina Ruffini and Lisa Mateo bring clarity, context and a bit of humor to the weekend’s biggest headlines, LIVE from New York. Joined by BBC Chief International Correspondent Lyse Doucet, AFL-CIO President Liz Shuler, Michigan Rep. Haley Stevens and California Rep. Kevin Kiley.

Chapters:
00:00:00 – Bloomberg This Weekend Begins
00:01:31 – News Now with Lisa Mateo
00:04:28 – Iran Targets Oil Tankers in Response to US Strikes
00:06:48 – US Strikes 3 Iranian Tankers in Response to Attacks
00:09:54 – US Envoys Kushner & Witkoff Arrive in Ukraine
00:13:51 – Germany Holding Key State Election Today
00:16:12 – German Election Pose Risk to Chancellor Merz
00:18:00 – Lisa Mateo with News Now
00:19:19 – Canada’ Reciprocal Tariffs to Take Effect Tuesday
00:21:17 – Bessent: Canada Tariffs “Negligable” Impact on US
00:23:06 – New Canadian Tariffs to Hit Metals & Machinery
00:28:34 – The Big Business of Helping the Rich Dodge Taxes
00:31:28 – News Now with Lisa Mateo
00:33:00 – BBC Goes Inside Afghanistan Ahead of 9/11 Anniversary
00:35:29 – BBC Reporter Explores Life Under Taliban Rule
00:41:29 – BTW with Lisa Mateo
00:48:29 – Top of the Hour with Bloomberg This Weekend
00:50:10 – Lisa Mateo with News Now
00:52:43 – Iran Says It Targeted Tankers in Response to US Strikes
01:00:12 – Trump Blames Biden For Giving Weapons o Ukraine
01:01:36 – USS Lincoln Docks in Thailand After 9 Months at Sea
01:02:41 – Thai City Rolls Out Red Carpet for US Sailors
01:03:51 – Sailors Share Troubling Stories From Department
01:06:30 – News Now with Lisa Mateo
01:08:16 – AFL-CIO President Joins Bloomberg This Weekend
01:20:00 – Lisa Mateo with News Now
01:22:15 – This Week: Republican Midterm Convention in Dallas
01:25:20 – Trump’s MAGA INC. Sends $10M to Aid Ken Paxton
01:28:43 – Obama to Headline NYC Fundraiser on Thursday
01:30:00 – Ad – British Food Culture Hits the United States
01:37:00 – ad – Top of the Hour with Bloomberg This Weekend
01:37:44 – Headlines with Lisa Mateo
01:40:26 – Kushner, Witkoff Meet Zelenskyy in First Visit to Kyiv
01:42:47 – Rep. Haley Stevens Joins Bloomberg This Weekend
01:56:25 – Rep. Kevin Kiley Joins Bloomberg This Weekend
02:06:51 – News Now with Lisa Mateo
02:09:44 – The Real Toll of Europe’s Heatwave
02:12:00 – Lisa Mateo with News Now
02:13:26 – LA Clippers Fined $40M, Lose 5 Picks for Salary Cap Circumvention
02:16:39 – WNBA Commissioner Engelbert to Retire After Seven Years
02:17:36 – Bloomberg Power Players
02:18:53 – NYC’s US Open Tickets Tumble to Below $100 a Seat
02:19:57 – Cannabis Fumes Distract Tennis Stars at US Open
02:22:01 – Pointed: The News Quiz for Risk Takers
——–
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