Iran War: Iraq Exports Oil Via Turkey & Trump Gives Up On Hormuz Help

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, oil pares gains as Iraq resumes crude exports through Turkey, avoiding the Strait of Hormuz. The reopening of the Ceyhan pipeline follows a deal with the semi-autonomous region of Kurdistan. US President Donald Trump has given up on efforts to recruit partners to help secure the Strait of Hormuz and scolded allies who openly rejected his appeals. He described the reaction from NATO allies in particular as a "foolish mistake". Bond traders are paring bets against Fed rate cuts this year ahead of today's decision, which is expected to be a hold. Investors await Chair Jerome Powell's comments on the impact of the Iran war in his penultimate press conference. And Bloomberg understands that Unilever is considering splitting off its food assets. Sources say a transaction could value the company's food business at tens of billions of dollars, though no final decisions have been made. Today's guest: Dominik von Achten, Heidelberg Materials CEO Chapters: 00:00:00 - Daybreak Europe - 3/18/2026 00:02:28 - Global Stocks Rally for Third Day 00:05:32 - Trump Ditches Appeal For Help in Iran War 00:09:54 - Iran Confirms Death of Security Chief Larijani 00:12:47 - Traders Dial Back Bets Against Fed Cuts 00:15:55 - European Gas Rises on Iran Infrastructure Strikes 00:20:32 - Mitsotakis: Greece Won’t Engage in Military Operations 00:22:36 - Top Stories 00:25:34 - Front Page News 00:26:30 - Dollar, Treasuries in Focus Ahead of Fed Meeting 00:31:09 - Ukrainian Drone Teams Operating in Gulf 00:36:00 - Exclusive: Heidelberg Materials CEO Dominik von Achten 00:42:54 - Other Stories: Berlin Airport / Nvidia / BHP 00:44:54 - Chart Talk -------- 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: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts