Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The US has issued its second authorization for buyers to take Russian oil cargoes already at sea, widening a temporary waiver given last week to India alone in an effort to ease pressure on prices as the war in the Middle East continues.

(2) Brent oil traded near $100 a barrel following one of the most volatile trading weeks ever, with investors bracing for more upheaval as Iran pledged to keep the Strait of Hormuz effectively shut.

(3) The number of Iranian missile launchers has held steady after a week of unrelenting airstrikes, according to Israeli and western estimates, indicating the difficulty of finding small, mobile targets without having complete control of the skies.

(4) A KC-135 refueling plane that was part of the American military campaign against Iran crashed over western Iraq after an incident involving another plane, US Central Command said Thursday night.

(5) The basic assumptions that have underpinned hedging strategies for decades are coming undone by the escalating war in Iran.

Podcast Conversation: America’s Decade-Long AI War Efforts Get a Trial by Fire in Iran

Your morning briefing. All the news you need to start your day. On today's podcast: (1) The US has issued its second authorization for buyers to take Russian oil cargoes already at sea, widening a temporary waiver given last week to India alone in an effort to ease pressure on prices as the war in the Middle East continues. (2) Brent oil traded near $100 a barrel following one of the most volatile trading weeks ever, with investors bracing for more upheaval as Iran pledged to keep the Strait of Hormuz effectively shut. (3) The number of Iranian missile launchers has held steady after a week of unrelenting airstrikes, according to Israeli and western estimates, indicating the difficulty of finding small, mobile targets without having complete control of the skies. (4) A KC-135 refueling plane that was part of the American military campaign against Iran crashed over western Iraq after an incident involving another plane, US Central Command said Thursday night. (5) The basic assumptions that have underpinned hedging strategies for decades are coming undone by the escalating war in Iran. Podcast Conversation: <a href="https://www.bloomberg.com/news/features/2026-03-12/iran-war-tests-project-maven-us-ai-war-strategy" data-destination="https://www.bloomberg.com/news/features/2026-03-12/iran-war-tests-project-maven-us-ai-war-strategy">America&rsquo;s Decade-Long AI War Efforts Get a Trial by Fire in Iran</a>

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.

Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.

Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg’s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.

Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe is the essential way to start your morning informed and ahead.

Bloomberg Daybreak Europe is the daily morning podcast that helps you understand the stories shaping Europe and the world before the day gets going.
Produced in the early hours each weekday, the show delivers fresh reporting, sharp analysis and clear context on politics, business and global markets by 7am London time. From decisions made in Brussels and London to developments across the global economy, Daybreak Europe connects the dots between power, policy and money.
Hosted by Stephen Carroll in Brussels and Caroline Hepker in London, and powered by Bloomberg&rsquo;s global network of more than 3,000 journalists and analysts, the podcast goes beyond headlines to explain what is changing, why it matters and what could come next.
Trusted by professionals, business leaders and investors, but made for anyone curious about how economics and politics shape everyday life, Bloomberg Daybreak Europe&nbsp;is the essential way to start your morning informed and ahead.

Bloomberg Daybreak: Europe Edition

Russia Helps Iran Strikes, War Breaks Market Plans, EU Counts Conflict Cost

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/852af5db-3cc1-4144-aa22-b40c006ce360/transcript