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

On today's podcast:

(1) European banks have reported a bumper set of earnings this morning, with profits beating expectations, but they're also warning of the future effects of the ongoing Hormuz blockade.

(2) Oil prices remain firmly in triple digits this morning, as the US-Iran war enters its third month.

(3) The shock decision by the United Arab Emirates to quit OPEC blindsided its partners of six decades. Now the cartel will have to fight to stay relevant in a fast-shifting global oil market.

(4)  The EU has accused social media giant Meta of failing to keep children off its services.

Podcast Conversation: King Charles Is Doing an Impossible Job in America

An update to your morning briefing. All the news you need to start your day. On today's podcast: (1) European banks have reported a bumper set of earnings this morning, with profits beating expectations, but they're also warning of the future effects of the ongoing Hormuz blockade. (2) Oil prices remain firmly in triple digits this morning, as the US-Iran war enters its third month. (3) The shock decision by the United Arab Emirates to quit OPEC blindsided its partners of six decades. Now the cartel will have to fight to stay relevant in a fast-shifting global oil market. (4)&nbsp;&nbsp;The EU has accused social media giant Meta of failing to keep children off its services. Podcast Conversation:<a href="https://www.bloomberg.com/opinion/articles/2026-04-28/king-charles-is-doing-an-impossible-job-with-donald-trump-in-america"> King Charles Is Doing an Impossible Job in America</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

UPDATE: Europe Delivers, Oil Squeeze Heats Up, HMS Trump Royal Gift

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/47e1e892-25ec-4674-bee3-b43b0091f0cd/transcript