Iran War: European Stocks Fall as Energy Costs Surge Again | The Opening Trade 3/19/2026

Stocks in Europe and Asia slumped after a fresh surge in oil and gas prices intensified concerns that the war in the Middle East will stoke inflation and hit growth. Bonds tumbled amid a second day of major central bank meetings. The selloff comes as Brent extended gains since the start of the conflict to 48%, climbing above $114 a barrel after Israel and Iran traded strikes on energy facilities in the Middle East. European natural gas jumped as much as 35% after damage to the world’s largest liquefied natural gas export plant. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Lizzy Burden and Tom Mackenzie. Chapters: 00:00:00 - The Opening Trade 00:03:02 - Iran War: Damage to Qatar LNG Facility 00:04:35 - Fed, BOJ Hold Rates 00:06:39 - BOJ Governor Ueda Speaks 00:10:12 - Copper Erases 2026 Gains 00:11:36 - HSBC Mulls Deep Jobs Cuts 00:12:23 - Micron Stock Falls 00:15:49 - Iran War: South Pars Gas Facility 00:26:13 - Lloyd's of London CEO Patrick Tiernan 00:47:32 - Stocks to Watch: Energy Stocks, Chip Stocks, HSBC 01:06:38 - HSBC Said to Mull AI-Fueled Job Cuts 01:16:51 - SNB, Riksbank Hold Rates 01:25:44 - Nobel Prize Winner in Economics on Geopolitics, Europe 01:32:04 - Iran War: Kuwait Petroleum Says it Put Out Fires at Refineries -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:   / bloombergtv   Facebook:   / bloombergtelevision   Instagram:   / bloombergtv   Connect with Bloomberg Business on: X:   / business   Facebook:   / bloombergbusiness   Instagram:   / bloombergbusiness   TikTok: https://www.tiktok.com/@bloombergbusi... Reddit:   / bloomberg   LinkedIn:   / bloomberg-news   More from Bloomberg: Bloomberg Radio:   / bloombergradio   Bloomberg Surveillance:   / bsurveillance   Bloomberg Politics:   / bpolitics   Bloomberg Originals:   / bbgoriginals   Watch more on YouTube: Bloomberg Technology:    / @bloombergtechnology   Bloomberg Originals:    / @business   Bloomberg Quicktake:    / @bloombergquicktake   Bloomberg Espanol:    / @bloomberg_espanol   Bloomberg Podcasts:    / @bloombergpodcasts