Iran Seeks to Bar US & Israeli Ships from Hormuz | Daybreak Europe 8/7/2026
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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. On today's show, Iran wants to bar US and Israeli ships from crossing the Strait of Hormuz, according to Iranian media reports on a proposed deal being discussed by Iran and Oman. The semi-official Fars news agency says Iran also wants hostile countries to pay to be allowed to sail through the strait. European natural gas jumped following those reports. Bond yields rose as the uncertainty in the Middle East raised inflation expectations. Traders now await the US jobs report for clues on the path ahead for interest rates. Plus, the CEO of Rheinmetall has hit out at the German government over its decision to scrap a €10 billion naval contract. Germany's biggest defense company cut its sales forecast
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