Bloomberg This Weekend

President Donald Trump said he’ll send representatives to Pakistan for talks to end the Iran war on Monday evening, while again threatening to strike civilian infrastructure if Tehran doesn’t agree to a deal. Axios is reporting that Vice President Vance will lead the delegation to the negotiations in Islamabad. The President told Fox News that Special Envoy Steve Witkoff will go to the...

Iran broadcast to ships in the Strait of Hormuz that the vital oil and gas channel is once again closed to maritime traffic, with owners reporting gunfire in the waterway and ships abandoning efforts to transit after a brief spell when it appeared it might reopen.  The fresh closure was the culmination of hours of chaos and confusion that saw some ships race to get out, only to U-turn. One su...

President Donald Trump said the US will blockade the Strait of Hormuz following the failure of peace talks with Iran in Islamabad this weekend, a move that will likely exacerbate oil and fuel shortages globally.  “Effective immediately, the United States Navy, the Finest in the World, will begin the process of BLOCKADING any and all Ships trying to enter, or leave, the Strait of Hormuz,...

The US and Iran began negotiations on Saturday to end the conflict in the Middle East. Around 5:45pm in Islamabad, Iran’s semi-official Fars news agency said talks had begun, without specifying whether they are being conducted directly or through intermediaries. US Vice President JD Vance landed in Pakistan’s capital, joined by special envoy Steve Witkoff and Trump’s son-in-law J...

The US and Iran agreed to a two-week ceasefire that’s expected to halt the American-Israeli military campaign in exchange for Tehran reopening the Strait of Hormuz. President Donald Trump announced the agreement Tuesday on social media hours after Pakistan, a mediator in talks, implored the US leader to back off his deadline to unleash massive devastation on Iran if it did not meet...

US forces rescued an airman from Iran days after his fighter jet was shot down, while the Islamic Republic’s continued attacks sparked fires that damaged Kuwait’s oil headquarters and shut down an Emirati petrochemicals plant. The US deployed dozens of aircraft to retrieve the injured crew member from a mountainous area, a day after a second person from the same F-15E jet was rescued,...

In Iran, the US continued search-and-rescue operations for a crew member from an F-15E fighter jet shot down by Iran on Friday, as Tehran kept up attacks on Gulf Arab states and Israel. A second US combat plane reportedly crashed in the Persian Gulf the same day. The incidents mark a significant blow for Washington as the war enters its sixth week with energy prices rising and little sign of an en...

President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.   Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He...

'No Kings' marches took place across the US on Saturday, with participants opposing President Trump's policies including federal funding cuts to welfare programs, the war with Iran and aggressive Immigration and Customs Enforcement tactics.  As the CPAC Conference concluded, GOP attendees showed cracks of dissension over the war in Iran, with some expressing opposition to the conflict. Trump...

President Donald Trump signed a memo directing Transportation Security Administration personnel to be paid, a bid to alleviate disruptions at US airports as Congress battles over how to end the ongoing partial government shutdown. House Republicans on Friday rejected bipartisan Senate legislation to fund most of the Department of Homeland Security. Instead, they plan to vote on a spending package...

President Donald Trump threatened to attack Iran’s power plants if the country didn’t swiftly reopen the Strait of Hormuz to commercial ship traffic after the passage of oil and gas cargoes was paralyzed. Trump said in a social media post late Saturday that he would “hit and obliterate” Iran’s power plants, beginning with the biggest one, if it didn’t open the s...

The US has allowed the sale of Iranian oil and petrochemical products that have been loaded onto tankers, its latest effort to counter rising oil prices due to the Middle East war. This comes as the US military said it has been able to degrade Iran’s ability to target ships moving through the Strait of Hormuz as President Donald Trump floated the idea of “winding down” military e...

President Donald Trump said Iran is ready to make a deal to end the war but the US wants better terms, signaling no letup in a conflict that’s brought shipping in the strategic Strait of Hormuz to a near standstill and upended energy markets. Separately, Iranian Foreign Minister Abbas Araghchi said the Islamic Republic is open to “any regional initiative that leads to a fair end to the...

The US struck military sites on Kharg Island, from which Iran exports almost all its oil, for the first time overnight, upping the ante in a Middle East war that’s raged for more than two weeks and shows little sign of easing. President Donald Trump said military facilities on the Persian Gulf island had been “obliterated,” adding that he chose not to hit oil infrastructure &ldqu...

Iran picked a new supreme leader and kept up attacks on the ninth day of the war in the Middle East, hitting a water plant in Bahrain, while Israel struck fuel depots in Tehran and threatened the Islamic Republic’s power grid. Tehran didn’t disclose the identity of the new leader.  The chaos that has gripped the oil market looks set to deepen, with more production getting cut as t...

President Donald Trump demanded Iran capitulate in the war’s seventh day, suggesting a longer timeframe for the conflict even amid energy-market tumult and worries about whether the US has the military stockpiles to carry on the fight indefinitely.  “Today Iran will be hit very hard!” Trump said in a social media post in the early hours of Saturday, as the US and Israel bomb...

Ayatollah Ali Khamenei, the supreme leader of Iran who ruled over the Islamic Republic for more than three decades as it faced off with the West, was killed Saturday after the US and Israel launched airstrikes on Tehran. Iranian media on Sunday confirmed the death, saying Khamenei was killed in his office compound and that there will be 40 days of national mourning. This comes as three US service...

Iran’s supreme leader was killed in US–Israeli airstrikes, a seismic development in a conflict that’s spread to half a dozen countries across the Middle East and threatens to disrupt energy flows. For details, and suggestions of what happens next, 'Bloomberg This Weekend' hosts David Gura and Christina Ruffini speak with Bloomberg anchor Joumanna Bercetche in Dubai, Bloomberg Isr...

The US and Israel began striking targets across Iran, with President Donald Trump urging Iranians to overthrow the government in a conflict that threatens to spiral across the oil-rich Middle East.    “The hour for your freedom is at hand,” Trump said, addressing Iranians in a video posted on Truth Social on Saturday. “When we’re finished, take over your governmen...

House Minority Leader Hakeem Jeffries joins David Gura and Christina Ruffini to discuss a potential US attack on Iran. They also discuss whether Democrats will seek to impeach President Donald Trump if they gain control of the US House of Representatives in November's midterm elections.    For more conversations like this, watch and listen to Bloomberg This Weekend live on Saturdays and...

'Bloomberg This Weekend' features unique conversations on business, news, lifestyle and culture. Join David Gura, Christina Ruffini and Lisa Mateo Saturdays and Sundays for discussions with business leaders, lawmakers and cultural icons.   Watch the show LIVE on Bloomberg Television from 7AM-10AM Eastern Time.    Listen to the show LIVE on Bloomberg Radio from 7AM-10AM Eastern...