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
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