Episode summary
Iran Barrage Sweeps Mideast; House Rejects War Powers Bid | Bloomberg Daybreak: US Edition
Summary
The war between Israel and Iran escalated into a seventh day with no clear off-ramp, as Iran launched missiles and drones across the Persian Gulf while Israeli strikes hit Tehran and Beirut. Bloomberg’s reporters described attacks extending to Saudi Arabia, Qatar, Kuwait, Bahrain and northern Iraq, and said Iran is warning it may use newer long-range missiles. The human toll has risen above 1,300 dead in Iran, with the Pentagon saying six U.S. troops were killed in the first two days.
Markets are reacting to the risk of a longer conflict and potential disruption to energy flows through the Strait of Hormuz. Oil pushed higher, gasoline prices reached their highest level since September 2024, and Qatar was reported to be warning it may not resume production until the fighting stops. The aviation industry is also under pressure, with more than 27,000 canceled flights to Middle East hubs since the war began.
On Capitol Hill, the House voted 219-212 to reject a war powers resolution that would have forced President Trump to stop strikes on Iran, echoing an earlier failed Senate procedural vote. The program also covered a looming jobs report, new White House moves on Homeland Security and AI chip controls, and state and local responses in New York.
Key takeaways
- The conflict with Iran is broadening regionally, with strikes reported in Israel, Iran, Saudi Arabia, Qatar, Kuwait, Bahrain and northern Iraq.
- The Pentagon said six U.S. troops have been killed, all in the first two days of fighting, while Iran’s death toll is above 1,300.
- Oil traders are focused on the Strait of Hormuz, where shipping traffic was described as near a total halt and Qatar signaled production could stay offline.
- The House’s 219-212 vote against a war powers resolution clears the way for President Trump to continue strikes on Iran.
- U.S. gasoline prices have climbed to the highest level since September 2024, adding to the economic risk from the war.
Notable quotes
“the war with Iran is now into a seventh day and there is little sign of letup on either side”
“The war has left more than 1300 people dead in Iran and dozens more in other parts of the Middle East”
“Oil headed for the biggest weekly surge since 2022”
“the House has joined the Senate in rejecting a bill that would have forced President Trump to halt strikes on Iran”
“The number of canceled flights to Middle East hubs has surpassed 27,000 since fighting began”
How the episode opens
Bloomberg Audio Studios, podcasts, radio, news. — Good morning. I'm Nathan Hager — And I'm Karen Moscow. Here are the stories we're following today.
Karen, the war with Iran is now into a seventh day and there is little sign of letup on either side. This morning, Iran's mayor news service reports Tehran has fired a massive barrage of missiles at Israel. that says Israel hits Thran and Beirut with air strikes.
President Trump says the US continues to totally demolish Iran's forces. So they have no air force, they have no air defense, all of their airplanes are gone, their communications are gone, missiles are gone, launches are gone about 60% and 64% respectively. Other than that, they're doing quite well.
President Trump spoke at the White House. We get more from Bloomberg's Patrick Sykes in Istanbul.
Yeah. reports of particularly uh particularly heavy strikes in Thran overnight and early this morning. We've also had more attacks touching Israel, Saudi, Katar, and Q8 as well as northern Iraq.
That's one to watch in particular because of the Kurdish dynamic there. Iran, the the regime in Thran very concerned that they could see uh Kurdish militants trying to take control and attack positions uh in that part of the region. Bloomberg's Patrick Sykes reports Iran is warning it plans to use newer long range missiles in the coming days.
That's according to a report from the country's semiofficial Fars news agency. The war has left more than 1300 people dead in Iran and dozens more in other parts of the Middle East. The Pentagon says six US troops have been killed all in the first two days of fighting.
Nathan, President Trump says he wants to have a hand in who the next leader of Iran will be.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- iran israel war
- war powers vote
- trump cabinet shakeup
- homeland security
- middle east missile attacks
Watch the episode
Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
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