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Kevin Warsh steps into the Fed chair role this week with three regional Fed presidents calling for the removal of any easing bias and Jerome Powell staying on the board until 2028 — leaving no immediate new vacancy for the White House to fill.
Plus, Friday's payrolls report will be the week's key test of whether the employment side of the economy remains as resilient as it has been since the Iran conflict began.
Asian markets are showing resilience despite stalled peace talks between the United States and Iran, with major indices in South Korea and Japan remaining stable.
In this live report from Seoul, Barnaby Low explains why investors appear unfazed by tensions in the Strait of Hormuz, even as diplomatic efforts between Washington and Tehran face uncertainty.
While markets are supported by optimism around artificial intelligence growth and ongoing diplomatic channels, rising oil prices are telling a different story. Brent crude has surged above $100 per barrel, pushing fuel costs higher across Asia.
Trump’s shoot-to-kill order in the Strait of Hormuz wasn’t a show of control. It was an admission that Washington still has the firepower to escalate—but no longer has the leverage to resolve the crisis on its own.
🚢 Why Trump’s new rules of engagement are likely to keep the Strait of Hormuz closed longer, not reopen it faster
⛽ How the order locks in higher gas prices for American households just months before the midterms
📈 What rising insurance costs, elevated oil prices, and disrupted shipping reveal about the economic cost of escalation
🇪🇺 Why Europe is now building a coalition to clear Hormuz without the United States
🛡️ How America’s military posture made US participation politically toxic even in the operation it demanded allies create
📉 What viewers will learn about the domestic blowback: fuel inflation, policy incoherence, and the political burden of a self-inflicted energy crisis
🌍 Why this moment matters beyond one strait—because it shows allies building parallel security capacity when American leadership becomes the obstacle rather than the solution
This is not just a story about one military order or one shipping lane. It is a lesson in how raw power can still escalate a crisis while losing the ability to shape its outcome—and how that vacuum is now being filled by others.
A ceasefire between Israel and Hezbollah in Lebanon and news that Iran allegedly decided to reopen the Strait of Hormuz to commercial shipping sent risky assets surging anew on Friday. This surge extended a rally that pushed the S&P 500 to a fresh record and fueling its biggest monthly advance since 2020.
Bloomberg TV Anchor Dani Burger and Bloomberg Intelligence Senior Commodity Strategist Mike McGlone join David Gura and Christina Ruffini on Bloomberg This Weekend to discuss.
Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
The U.S. blockade on Iranian portsis still in force, but the S&P 500 is back flirting with record highs. Plus, Fed chair nominee Kevin Warsh heads to Congress next week — with just a month to get confirmed before Jerome Powell steps down. #News#Reuters#Newsfeed
The International Energy Agency said global oil demand will decline this year as a price surge caused by the Middle East conflict wipes out growth. Bloomberg's Anthony di Paola breaks down the situation.
By strangling the waterway, Iran retaliated against the US and eased some financial sanctions. In this episode of The Big View Edward Fishman, senior fellow of the Council on Foreign Relations, tells Peter Thal Larsen how American economic weapons have been turned against it.
Mohamed El-Erian, The Wharton School Rene Kern professor and Allianz chief economic advisor, joins ‘Squawk Box’ to discuss recent pressures on global markets, how the war might affect U.S. consumers, his outlook on energy prices, and more..
The Wall Street Journal reported President Donald Trump said to aides he’s willing to end the Iran war even without reopening the Strait of Hormuz. Bloomberg's Joumanna Bercetche reports.
Oil prices are climbing again with markets deeply unsettled about the US-Israeli war on Iran. The surge comes after US President Donald Trump said in an interview with the Financial Times that his preference would be to quote "take the oil in Iran" and that he was considering US boots on the ground.
We talk about this topic with Dr. Anna Mikulska, Senior Vice President at the CGCN Group, and with Chris Southworth from the International Chamber of Commerce in the United Kingdom.#dwnews#oilprices#iranwar
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.
Trump’s unpredictability injects uncertainty into the economy, foreign policy, and everything else he touches. Even as his war messaging varies wildly moment to moment, the world economy is certain of one thing: it’s bad for the Strait of Hormuz to close.
Guest: Justin Wolfers, professor of economics at the University of Michigan.
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Justin James Michael Wolfers (born December 11, 1972) [4][5] is an Australian economist and public policy scholar. He is professor of economics and public policy at the Gerald R. Ford School
The Strait of Hormuz isn’t just a chokepoint anymore. It’s becoming a pricing mechanism for a new financial order.
🛢️ Ceasefire rejected: Iran calls US terms “maximalist,” keeping control over Hormuz leverage
🚧 Strategic shift: The Strait of Hormuz is evolving from transit route to controlled toll system
💴 Currency fracture: Reports of oil transit fees paid in Chinese yuan signal early cracks in dollar settlement
🏦 System at risk: The petrodollar system depends on unrestricted dollar-based oil flows
🇨🇳 Parallel infrastructure: China’s payment rails and energy demand create a viable non-dollar alternative
🌍 Europe exits the game: Rapid electrification and renewables reduce exposure to oil chokepoints entirely
⚖️ Strategic divergence: US defends oil flows, China rewires payments, Europe eliminates dependence
President Trump has been inconsistent in telling us what he believes the purpose and goals of the Iran war are. All wars are covered in a fog of misinterpretation and uncertainty. This one, even more. Join moderator Jeffrey Goldberg, Peter Baker of The New York Times, Susan Glasser of The New Yorker, David Ignatius of The Washington Post and Missy Ryan of The Atlantic to discuss this and more.
WATCH TODAY’S SEGMENTS:
Trump's mixed messages and shifting goals in the Iran war
• Trump's mixed messages and shifting goals ...
Is Trump’s war of choice becoming a war of necessity?
• Is Trump’s war of choice becoming a war of...
We look at the 70th anniversary of the August 19, 1953, U.S.- and U.K-backed coup in Iran, which took place two years after Iran’s democratically elected Prime Minister Mohammad Mosaddegh nationalized Iran’s oil industry that had been controlled by the company now known as British Petroleum.
“If nationalization in Iran of oil was successful, this would set a terrible example to other countries where U.S. oil interests were present,” explains Ervand Abrahamian, Iranian historian and author of Oil Crisis in Iran:
From Nationalism to Coup d’Etat and The Coup: 1953, The CIA, and the Roots of Modern U.S.-Iranian Relations.
While the CIA has historically taken credit for Mosaddegh’s overthrow, “the British have not admitted their leading role,” notes Iranian filmmaker Taghi Amirani, whose documentary film Coup 53 uncovers the influence of MI6 agents who sought to preserve their imperial-era access to Iranian oil and pulled in the Americans by promising a “slice.”
Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
European foreign ministers on Friday used a G7 meeting with US Secretary of State Marco Rubio to press the case that Russia was helping Iran target US forces in the Middle East war. Rubio joined the second day of the gathering of ministers of leading Western democracies, taking place amid wars in Iran and Ukraine, economic uncertainty and mounting unease over unpredictable US foreign policy under Donald Trump. FRANCE 24's International Affairs Commentator Douglas Herbert tells us more.
Democracy Now! is an independent global news hour that2 airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET.
Trump's apparent plan to deploy troops in the Strait of Hormuz would be 'disastrous' for Republicans seeking reelection in the midterms warns Denver Riggleman, former Republican Congressmen and US Air Force Veteran on The Trump Report.
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The White House says peace talks with Iran are ongoing, despite Tehran's public rejection of US overtures and its own conditions for ending the conflict. Iran is seeking guarantees, including that the US and Israel won't resume attacks, reparations for war damages, and recognition of its authority over the Strait of Hormuz.
Also on the show: Stocks and bonds edge lower and oil climbs on persistent Middle-East tensions and conflicting signals from the US and Iran about their ceasefire talks.
Guests include: Justin Muzinich, Muzinich CEO, Former Deputy Secretary to US Treasury; Xi Nan, Rystad Energy, Head of Oil & LNG.