Stocks deepened losses as fading hopes for a swift end to the war in Iran amplified concerns about a spike in the price of oil and its knock-on effect on the economy.
President Donald Trump said the US will ensure safe passage of oil from the Middle East to head off a potential energy crisis caused by the war with Iran, which continues to reverberate across the region and roil markets.
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, Lizzy Burden and Tom Mackenzie.
Chapters:
00:00:00 – The Opening Trade
00:02:58 – Biggest South Korean Stock Crash Ever
00:04:45 – US Will Escort Tanks in Strait of Hormuz
00:06:28 – Trump Takes Aim at Spain Over War in Iran
00:12:16 – Oil Price, European Gas Futures
00:14:37 – Crystol Energy CEO Carol Nakhle
00:26:53 – Trump Threated Trace Cut Over Spain Air Base Use
00:30:41 – Iran War Stokes Inflation Fears
00:42:00 – Gold Price, Dollar Strength
00:48:03 – Stocks to Watch: Energy, Spanish Stocks, Adidas
01:05:42 – Iran War: Prospects of Quick War Fades
01:16:21 – EDP CEO Miguel Stilwell d’Andrade
01:29:25 – Iran on Not Negotiating With US
01:34:01 – Iran War: Gulf States at Risk
——–
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