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Iran Rules Out US Negotiations But Says Oman Deal 'Very Close' | Daybreak Europe 8/10/2026
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August 10, 2026
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47:04Now PlayingBloomberg 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.
Oil extended its recent gains as a final deal to reopen the Strait of Hormuz between Iran and Oman remains elusive.
Israeli Prime Minister Benjamin Netanyahu has rejected a proposal by US-backed mediators for disarming Hamas, hardening his position after voicing misgivings at the suggestion that Israel reciprocate with phased pullouts from Gaza.
And China's factory-gate inflation eased for the first time since the Iran war broke out, while consumer prices also decelerated, in another sign that cost pressures from the oil shock are starting to fade.
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