Oil Jumps on Israel Iran Strike Report, Musk Plans Political Pullback | Daybreak Europe 05/21/2025

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 surges on reports that Israel may be planning to strike nuclear facilities in Iran. The development could complicate talks between the US and Iran on a nuclear deal. Elon Musk reaffirms his commitment to Tesla in an exclusive interview with Bloomberg at the Qatar Economic Forum. The billionaire also plans to pull back from politics, saying he has done enough.

Today’s Guests: Janet Mui, RBC Brewin Dolphin Head of Market Analysis

Chapters:
00:00:00 – Daybreak: Europe
00:03:52 – Oil Surges on Israel Iran Strike Report
00:05:41 – UK Pauses Israel Trade Talks
00:09:27 – Musk Commits to Tesla
00:13:12 – Qatar Fund Boosts US Investment
00:18:16 – Cyril Ramaphosa to Meet with Trump
00:25:59 – Fed Officials Urge Rate Patience
00:27:47 – Janet Mui, RBC Brewin Dolphin Head of Market Analysis
00:34:21 – Trump’s Tax Bill Faces Snag
00:38:06 – OpenAI, Softbank on Stargate
00:40:33 – Hacking Overshadows M&S Earnings
00:43:05 – Reeves to Meet Bessent at G7
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News post in May 21, 2025, 12:06 pm.

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