Merve Berker April 07, 2026•Update: April 07, 2026 Turkish Foreign Minister Hakan Fidan had a phone call with UK Foreign Secretary Yvette Cooper, the Turkish Foreign Ministry said on Tuesday. The two discussed diplomatic efforts aimed at ending the war in the region and establishing a sustainable peace, said the ministry. They also reviewed bilateral relations between Türkiye and the UK. The call came after US President Donald Trump gave Iran until 8 pm Tuesday Eastern (0000GMT Wednesday) to reopen the Strait of Hormuz and reach an agreement or face attacks on its energy infrastructure. Regional tensions have escalated since the US and Israel launched a joint offensive on Iran on Feb. 28, killing more than 1,400 people to date, including then-Supreme Leader Ayatollah Ali Khamenei. Iran has retaliated with drone and missile strikes targeting Israel, as well as Jordan, Iraq, and Gulf countries hosting US military assets. Iran has also restricted the movement of ships through the Strait of Hormuz.
Merve Berker April 07, 2026•Update: April 07, 2026 Turkish Foreign Minister Hakan Fidan had a phone call with UK Foreign Secretary Yvette Cooper, the Turkish Foreign Ministry said on Tuesday. The two discussed diplomatic efforts aimed at ending the war in the region and establish…
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Vice President JD Vance downplayed the scope of the conflict in Iran, saying he would not describe it as “a war” given that major combat operations ended several weeks ago — even though military strikes recently intensified in the region. Bloomberg's Abeer Abu Omar has the latest.
Sep 4th, 2026 US VP Vance on Iran Conflict: “I Wouldn’t Call it a War” | Daybreak Europe 9/4/2026 Bloomberg 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. Vice President JD Vance downplayed the scope of the conflict in Iran, saying he would not describe it as “a war” given that major combat operations ended several weeks ago — even though military strikes recently intensified in the region.
Global stocks extended their advance as easing bets on a Federal Reserve interest-rate hike this month lifted sentiment. And Volkswagen’s supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving Chief Executive Officer Oliver Blume his clearest mandate yet to overhaul Europe’s biggest carmaker.
Jordan, a U.S. ally hosting American military forces, has faced repeated drone and missile attacks, which reports suggest are linked to Iranian operations, alongside broader economic challenges and regional instability. Despite these security risks, Jordanian officials have affirmed their commitment to the alliance, while King Abdullah II warned that current global and regional disruptions pose a broad threat to international stability.
Oil prices rose this week as conflict intensified in the six-month war, with Iran reportedly maintaining control of the Strait of Hormuz while the US presses a counter-blockade of Iranian ports. Iranian authorities claimed to have targeted US military assets in Kuwait and the UAE, though Kuwait confirmed intercepting a missile and drone attack on its air base, while the UAE reported no evidence of an attack on its own facilities.
These exchanges followed Iran’s attribution of a deadly wedding strike in Kuhestak to the US, a claim US Vice President JD Vance stated is currently under investigation but disputed by Washington.