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Iran War: Trump Pauses Plan to Guide Ships in Hormuz, Seeks Iran Deal | Daybreak Europe 5/6/2026

Bloomberg Markets · May 6, 2026, 7:10 AM · Also reported by 4 other sources

Daybreak Europe is your essential morning viewing to stay ahead. On today's show, President Trump says the US plan to guide stranded ships through the Strait of Hormuz is being paused to see if an agreement can be reached with Iran to end the war. Iran's Foreign Minister Abbas Araghchi is in Beijing, where he's held talks with Chinese Foreign Minister Wang Yi. The meeting comes just days before Donald Trump is scheduled to arrive in the Chinese capital. Plus, a busy day for earnings: Novo Nordisk has nudged its sales forecast higher, lifted by its new Wegovy pill. The German chipmaker Infineon has given a better-than-expected revenue forecast, as it benefits from the AI spending boom. And BMW's carmaking returns fell in the first quarter, hit by intense competition in China. Today's guests: Oliver Dörre, Hensoldt, CEO; Torgrim Reitan, Equinor, CFO & Sven Schneider, Infineon, CEO (Source: Bloomberg)

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Euronews US pauses naval escorts through Hormuz as progress made on peace deal, Trump says The Guardian Oil prices ease and markets rally as Trump works towards deal with Iran Forbes Iran And China’s Foreign Ministers Meet In Beijing As Trump Pauses ‘Project Freedom’ The Guardian Oil prices retreat and global stocks hit record highs after Trump hails ‘great progress’ on Iran deal – business live

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Iran War: Trump Pauses Plan to Guide Ships in Hormuz, Seeks Iran Deal | Daybreak Europe 5/6/2026

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