Episode summary
Iran & Israel Trade Attacks, Security Increased at MSG Ahead of Trump Visit | Bloomberg...
Bloomberg Daybreak: US Edition
· · Hosts: Tom Keene, Jon Ferro, Lisa Abramowicz, Nathan Hager, Tim Stenovec, Carol Massar, David Gura, Kailey Leinz, Ed Ludlow, Eric Mollo, Damian Sassower, John Tucker · Guests: Matt McCool
Summary
Israel and Iran kept trading missile strikes even as President Trump pushed both sides to stop fighting and said a deal was still possible. The discussion framed the conflict as a rapid escalation across the region, with strikes hitting Lebanon, Iran, and northern Israel, while the ceasefire remains fragile and uncertain. The guest said the latest attacks are more serious because they include direct hits inside Iran, not just on its allies.
The episode also highlighted a new risk to shipping after the Iran-backed Houthis declared a ban on Israeli ships in the Red Sea. That threatens a key bypass route to the Strait of Hormuz, which handles about a fifth of global oil flows, and raises the stakes for energy markets and Middle East trade routes.
Outside the war coverage, the show noted heightened security at Madison Square Garden for Trump’s planned attendance at Game 3 of the NBA Finals, including the cancellation of an outdoor watch party. The broadcast also touched on a sharp global market selloff, with tech stocks rebounding slightly after Friday’s drop, while Nvidia’s Jensen Huang called the pullback a buying opportunity.
Key takeaways
- The guest said the Israel-Iran ceasefire is under its toughest test yet because the fighting has expanded into direct strikes on Iran.
- The Houthis’ ban on Israeli ships in the Red Sea threatens a route that handles about a fifth of global oil flows.
- Trump said on Meet the Press that he still thinks a deal is possible and that Iran has conceded it will not have nuclear weapons.
- Security around Madison Square Garden tightened for Trump’s NBA Finals appearance, and the outdoor watch party was scrapped.
- Goldman Sachs strategist Timothy Mo called South Korea’s 8.3% drop a technical correction, not the start of a bigger collapse.
Notable quotes
“We're seeing reports of attacks in Iran. Those include some western cities in Thran including Esvahan and Karage and Tabreze”
“This is the first such attack that you're seeing on Iran itself and not its allies in the region”
“We're seeing reports of attacks in Iran. Those include some western cities in Thran including Esvahan and Karage and Tabreze”
“the situation seems to be regressing quite rapidly this morning”
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, we begin with a tense situation in the Middle East. Israel and Iran have been exchanging missile attacks despite calls from President Trump on both sides to stop the fighting. In a wide-ranging interview with NBC's Meet the Press heard Sundays on Bloomberg Radio, the president said he still thinks a deal is possible.
We're very close. We have a couple of points. They don't even seem like big points. They've conceded the fact that they will not have nuclear weapons.
And in a separate interview at the Financial Times, President Trump said Israeli Prime Minister Benjamin Netanyahu would have to accept any US deal with Iran, saying, quote, "I call the shots. We get more from Bloomberg Zabir Abu Omar in Dubai. The ceasefire or the true stocks have been in a fragile state since the initial ceasefire was reached on April 8th.
But what we've seen over the past couple of days really complicates things, right? So what we've seen over on Sunday is Hezbollah in Lebanon and Israel trading fires. Israel had retaliated to an attack by Hezbollah on the northern part of Israel to attacking the southern suburbs of Beirut, killing people and injuring others.
And now Bloomberg Zabir Buomar reports Israeli Army Radio saying Iran has fired about 30 missiles at Israel since last night. An Iranian official says the US is responsible for the consequences of any escalation in the Middle East.
And Nathan, there's a new risk of escalation in the Straight of Hormuz. The Iranbacked Houthis in Yemen have declared a ban on Israeli ships in the Red Sea, threatening a key bypass route to the waterway that handles about a fifth of global oil flows.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- iran israel missile attacks
- houthis red sea shipping ban
- hormuz bottleneck shipping routes
- msg nba finals security
- trump visit secret service security
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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