Iran War: Trump Says Blockade Having 'Incredible' Effect | Daybreak Europe 05/01/2026

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, President Donald Trump has doubled down on the US blockade of Iranian ports, saying it's having an "incredible" effect and Iran's "economy is crashing". Iran's supreme leader has cast doubt on the chances of a deal, releasing a rare statement in which he said Iran would not give up its nuclear technologies. The Bank of England and European Central Bank both held interest rates, but are considering hiking as soon as June to address inflation triggered by the Middle East conflict. Today's guests: Jane Kinninmont, United Nations Association UK, CEO; Jackie Bowie, Chatham Financial, Managing Partner & Head of EMEA. (Source: Bloomberg)