Iran War: Trump Agrees to Two-Week Iran Ceasefire, Oil Slumps | Daybreak Europe 4/8/2026

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 and Iran have agreed to a two‑week ceasefire. President Trump said the pause is subject to the Strait of Hormuz reopening and that he’s also received a 10-point proposal from Iran.

Iran said safe passage through the strait would be “possible” for the two-week period, while Trump said the US will help with the traffic buildup in the waterway. Oil plunged the most in almost six years.

Benjamin Netanyahu said Israel supported Trump’s decision but that the ceasefire doesn’t include Lebanon.

Today's guests: National Security Institute Founder and Executive Director, Jamil Jaffer & Sophie Huynh, Portfolio Manager and Strategist for Dynamic Asset Allocation at BNP Paribas Asset Management

Chapters:
00:00:00 - Daybreak Europe - 4/8/2026
00:02:07 - Oil Slumps Below $100 a Barrel
00:06:30 - Ceasefire Reached Hours Before Trump Deadline
00:08:05 - Israel: Ceasefire Does Not Include Lebanon
00:10:20 - Peace Talks To Be Held in Islamabad Friday
00:11:25 - Iran: Safe Passage via Hormuz ‘Possible’ for 2 Weeks
00:14:53 - Trump Suspends New Iran Attacks for 2 Weeks
00:22:35 - Corporate News: UBS / Apple / Anthropic
00:25:39 - Front Page News
00:27:00 - Iran, Oman to Charge Hormuz Toll
00:31:06 - Relief Sweeps Through Markets
00:41:55 - Vance Endorses Orban
00:44:31 - Chart Talk
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