Iran War: Israel Says Won’t Strike Iran Energy Sites After Trump Rebuke | Daybreak Europe 3/20/2026
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, Benjamin Netanyahu said Israel would avoid attacks on Iran’s energy infrastructure, and added that the war will end a lot faster than people think as Tehran is no longer able to enrich uranium or manufacture ballistic missiles.
Oil declined after the US and Israel sought to calm investors shaken by serious damage to key Gulf energy assets.
European Union leaders have been unable to break a deadlock over a €90 billion loan to Ukraine. The Hungarian Prime Minister Viktor Orbán is refusing to budge until he regains access to Russian oil, leaving European leaders frustrated.
Today’s guests: Swiss Re Chief Europe Economist Charlotte Mueller & W1M Head of UK Equity Research Tineke Frikkee.
Chapters:
00:00:00 – Daybreak Europe – 3/20/2026
00:02:19 – Stocks Turn Choppy Into the Weekend
00:04:44 – Trump, Netanyahu Try To Ease War Concerns
00:08:44 – Bond Markets Hit as Traders Bet on Higher Rates
00:12:13 – EU Leaders Fail To Unlock Aid to Ukraine
00:17:13 – Takaichi Sidesteps Trump Pressure on Iran
00:19:59 – Bloomberg Originals Preview: Dubai’s Safe-Haven Status Tested
00:21:41 – Top Stories: Iran War Funding / Powell Probe / Jes Staley
00:25:54 – Front Page News
00:26:45 – ECB’s Nagal: ECB April Hike if Price Outlook Sours
00:28:05 – ECB’s Kazaks: Inflation Will Go Up, Economy Will Slow
00:33:25 – SNB’s Schlegel: Taking ‘Holistic’ View on Franc’s Appreciation
00:35:25 – BOE Forced Into U-turn By Iran War
00:41:29 – AI Chatbots Are Doing Taxes for Americans
00:45:26 – Chart Talk
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28 Comments
The G-7 Nations are not going to get their Colonial Empires back by Force.
The colonies formed a Trade Union.
Trump and Israel blinked first. Iron dome no longer exists, Ben Gurion Airport no longer exists, Israels nuclear plant no longer exists and Iran has said that if their power plants are further attacked, Israel, Bahrain and Kuwaits desal plants will be destroyed. Its a turning point. Now the cost of attacking Iran comes home.
This is 2 f****ING days old. You should remove it
Persians must own nukes or face Genocide
They believe Trump will not change his mind? They are fools then
Taco
Drumph has never fought in war. He’s an apprentice.
I would believe Trump before I would believe Israel. Trump randomly spouts BS and will be right from time to time like a stopped clock is right twice a day. Netanyahu lies often and in a way calculated to benefit him, and only him.
Israel tv admitted they bombed every bank in Iran to stop salaries being paid, planning the same in Lebanon, confessed proudly on national tv.
They are worried Iran strikes the Israeili Energy Sites in retaliation
Too late
The United States faces a choice: manage the decline or accelerate it.
September CRASH! October BTC BOTTOM… BTC Rallies when there's bank problems… BTC was built for GFC Type of events!
send the idf zionist nazis to fight … the only bomb and execute children ?
Screw the dump
You can actually trust Netanyahu and Trump ? I want to sell you a bridge.
they are lying.
Of the BRICS countries of China, India, and Iran, only China and India can launch rockets to the moon.
North Korea is on the same level as Iran.
Therefore, if a BRICS of China, India, and Iran were to form, the world would become a terribly unsanitary, red-tinged environment, overrun with deceitful celebrities and untouchables, with political leaders reigning in a class system, the highest caste holding absolute power, criticism suppressed, and information controlled and managed to serve the interests of the highest caste.
So, what about a BRICS of the United States and Japan?
A BRICS of the United States and Japan would be better.
We are now at a crossroads.
That is why we are bombing Iran and keeping India and China in check. If possible, this war should lead to a renewal of the political, economic, religious, and ideological systems of India and China.
If that is still insufficient, we will prolong the conflict. We will issue an astronomical margin call and be recaptured by Japan and the United States. The UK and the EU, having gotten off to a late start, will likely struggle with mark-to-value valuations.
Smoke and Mirrors BS.
Bad upload, this is Friday morning’s news
America has already lost the war. Mexico has invaded and overrun the entire country.
OK great for like the NEXT HOUR or so.
But really, TRUMP's word is quite capricious and I wonder if anyone really puts any value at all on what TRUMP says anymore?
Frankly, many of us are looking to the Midterm elections as the source of real policy change, not that TRUMP is capable of independent policy creation without Netanyahu.
Some of us are even taking a much more pragmatic view and hoping that three men of high office in the World, do in fact go to sleep one night very soon and never wake up ever again. Just Misters T and N and P pass away quietly in the night.
Just hope something worse does not take their places.
T might mean Trump
N might mean Netanyahu
P might mean Putin.
European Union is again showing it's fragility and impotency as Orban, the little dog of Europe shows it can wag it's tongue and Europe is stagnant and blocked from acting. Unity in Europe has been a struggle. Perhaps there needs to be ways found to put more pressure on Orban? Wouldn't that make sense? Why let that Baby Putin have his way?
If the EU had a leader like the rest of the powerful countries have, that leader might make it clear to Orban that he needs to refrain from being hostile to Europe or Europe might need to put 100K troops in Budapest and Mr. Orban might find himself sitting in a Jail Cell in The Hague awaiting trial for Crimes against Humanity like Milosevic of Serbia did.
Europe needs to start to adopt some less forgiving strategies in order to remain relevant.
Perhaps Netanyahu will decide to keep his gains in Lebanon and not try to totally defeat Iran?
That option seems the best. Israel would be smart, as it's a tiny little country of 7.5 million Jews surrounded by 400 plus million Muslims, to keep it's expansionist ambitions discrete.
He and TRUMP have to come to the realization soon if they are to avoid a very bad economic fallout and World Condemnation that defeating Iran totally will probably be far too costly.
There seems to be a bit of that realization now happening as Trump seems to want to threaten and then back off that threat to annihilate Iran's energy production facilities completely. The fall out on Israel's own energy as well as those of the GCC is becoming too much to bear and it seems Iran is still capable of inflicting very serious tactical destruction to key industries in Israel and the GCC for the next month or two at the least.
So this may be the Ray of Sunlight that things start to wind down soon? Or stupid Trump is lying to our faces again and he's just buying time while the USS Tripoli with it's 2500 Marines arrives to join the rest of the US Naval assets in the northern Arabian Sea.
I'm hoping that TRUMP does NOT try to take Kharg Island Oil loading facilities from Iran. That's probably not going to sit well with China or Japan and militarily the US might see some very high loses in achieving that objective. And even if Trump could take it, what would that mean? Iran still can choke off the Strait of Hormuz.
Trump the Driver of the Get-away-car tells the Judge that Trump wasn't aware that Bibi, the gun-man was robbing the Bank. Trump says to the Judge, "I thought we stopped at the bank because he needed to use the ATM. What do I know? I am just the driver."
Trump will definitely deploy u.s troops, with boots on ground early April 2026
Taco trump.
Any strike on the grid will result in Iran strike on gulf oil fields, then the empty tankers can pass freely through the Strait.
Trump is more smarter then Benjamin of Israel who traped trump in many things including Epstein and told him to go for war with Iran but Trump played bigger game and traped Israel in between now upcoming election in NOVEMBER in Israel is more difficulties Mr. Benjamin face because he stuck in traped of Mr.Trump