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. Chapters: 00:00:00 - The Opening Trade 00:02:02 - Iran Targets Energy Infrastructure 00:04:41 - Trump Says He Asked China to Delay Xi Summit 00:06:49 - Nvidia Makes Trillion Dollar Forecast 00:09:47 - Private Credit Default Rates Hit 8% 00:10:13 - Germany Rejects UniCredit's Commerzbank Bid 00:10:41 - RBA Hikes Rates Again 00:16:28 - Oil Price Gains 00:21:36 - ECB, BOE, SNB and Riksbank Rate Decisions 00:25:51 - Commerzbank CEO Bettina Orlopp Speaks 00:37:01 - BOE Expected to Hold Rates 00:47:32 - Stocks to Watch: Chips, Energy, Commerzbank & UniCredit 01:05:27 - Nvidia GTC 01:16:14 - EU Signals Little Interest in Trump's Hormuz Plan 01:26:23 - Standard Chartered Raises Brent Crude Forecast 01:34:07 - S&P Futures -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts