US Strikes Iran & Blocks Oil Sales | Daybreak Europe 7/8/2026

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, the US carried out a new round of strikes in Iran and revoked a waiver allowing new sales of its oil. Iran says it hit an airbase in Kuwait and the Fifth Fleet naval base in Bahrain. Oil advanced, while bonds and stocks retreated after the flare-up in tensions.

The head of NATO says it’s crucial that the US forcefully reacts when Iran violates the ceasefire. Mark Rutte was speaking as he arrived for the second day of the NATO summit in Turkey. US President Donald Trump will meet Ukraine’s President Volodymyr Zelenskyy today.

Today’s guest: Camille de Courcel, BNP Paribas, Head of DM Rates Strategy and Economics, Europe (Source: Bloomberg)

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