Iran War: Europe Signals Little Interest in Aiding US with Hormuz | The Opening Trade 3/17/2026

The European Union’s foreign policy chief Kaja Kallas said EU foreign ministers on Monday showed “no appetite” to extend the bloc’s maritime security mission to the Strait of Hormuz from the Red Sea. The US-Israeli war against Iran continues to reverberate across markets, with traders closely watching shipping through the Strait of Hormuz and rising oil prices fueling inflation concerns. 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 Tom Mackenzie and Lizzy Burden. (Source: Bloomberg)