Brent oil topped $100 a barrel for the first time since July, as attacks between the US and Iran and a recovery in Chinese oil buying propel the global crude benchmark higher.
The US military destroyed five Iranian tankers carrying crude in response to attempts to hit a US Navy warship with ballistic missiles overnight, Central Command said. It’s the latest escalation in the conflict, which began in February and has disrupted some flows through the vital Strait of Hormuz.
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 Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade
00:00:27 – Market Check
00:02:37 – US Strikes Iran Tankers
00:04:13 – Scott Bessent Dares Traders to Bet Against Yen
00:06:05 – IPEM Paris
00:09:51 – Apple to Launch Foldable iPhone
00:13:36 – IPEM Paris: Apollo’s Scott Kleinman
00:26:44 – US Attacks Iranian Oil Tankers
00:31:11 – ECB Rate Decision Due Tomorrow
00:42:25 – Commodities Bull Market Is Underpriced: MLIV
00:47:41 – Stocks to Watch: Inditex, Luxury Stocks, Energy Stocks
00:50:10 – Google to Invest £13B in Finland AI Infrastructure
01:02:51 – Amazon Kicks Off Bond Sale
01:04:43 – Brent Crude Hits $100/Barrel
01:05:53 – Inditex Stock Falls
01:17:22 – Isar Aerospace Blasted Off Rocket From Norway
01:21:49 – Isar Aerospace CEO Daniel Metzler
01:25:34 – IPEM Paris: Carlyle’s Steve Wise
01:31:53 – Apple to Unveil Foldable iPhone
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