Episode summary
Iran Vows Intensified Response; Senate Rejects War Powers Measure | Bloomberg Daybreak: US Edition
Summary
The war between Israel, the US, and Iran entered its sixth day with no sign of easing, and the hosts emphasized that the conflict was widening geographically as well as militarily. They said Israel continued strikes on Tehran’s military and intelligence assets and Hezbollah targets in Lebanon, while Iran vowed to intensify retaliation and to keep targeting US and allied interests across the Middle East. The hosts also highlighted Trump’s claim that the US is “doing very well,” along with administration assertions that American forces had hit more than 2,000 targets and were moving toward dominance of Iranian airspace.
On Capitol Hill, the Senate rejected a war powers measure 53 to 47 that would have required congressional approval for continued US military operations against Iran. The hosts said the House is expected to defeat a similar resolution as well, leaving Trump with broad political backing from most Republicans. Critics on the Democratic side argued that the conflict is already pushing up energy costs and could become an open-ended war.
The discussion also focused on market and economic spillovers. Oil prices rose, airline disruptions topped 23,000 canceled flights to Middle East hubs, and Amazon facilities in the UAE and Bahrain were damaged by drone strikes. A guest said the market reaction has so far been relatively benign, while Fed officials said it is still too early to know how the war will affect inflation, growth, or rate cuts.
Key takeaways
- The hosts said the US-Israeli war with Iran is in its sixth day and is spreading beyond Iran’s borders into Turkey, Azerbaijan, and shipping lanes.
- The Senate voted 53 to 47 against a war powers resolution, and the hosts said the House is expected to reject a similar measure.
- A guest said the US has hit more than 2,000 targets in Iran, while Iran is promising to intensify retaliatory attacks.
- The hosts reported oil rising to $76.24 for WTI and $82.76 for Brent, but said markets have so far reacted relatively calmly.
- A guest said more than 23,000 flights to Middle East hubs have been canceled, leaving thousands of passengers stranded.
- A Fed governor said it is too early to change forecasts for inflation or the labor market because of the conflict.
Notable quotes
“The US also saying the central command that they've hit over 2,000 targets in Iran over the first 5 days of the operations”
“A Democratic le resolution to stop further strikes was blocked by a vote of 47 to 53”
“Oil prices up by 9%. Gasoline prices their largest one-day increase in 20 years”
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 in the Middle East is now into a sixth day. Israel is carrying out new waves of attacks on Tehran's military and intelligence assets along with strikes on Hezbollah targets in Lebanon. President Trump says the US is doing very well.
Somebody said, "On a scale of 10, where would you rate it?" I said, "About a 15." And uh we're going to continue to do well. We have the greatest military in the world by far. — President Trump spoke from the White House. And we get more from Bloomberg Middle East anchor Jumanna Bureti in Dubai.
White House press secretary Caroline Levit went on to say that they're moving to have complete dominance of the skies. And earlier on I actually conducted an interview with one of the advisers to the Israeli prime minister and he said that from their perspective both Israeli and US operations have already surpassed in the first 5 days of this war what they thought they could achieve. This is his words obviously that's how he's describing it.
The US also saying the central command that they've hit over 2,000 targets in Iran over the first 5 days of the operations. Bloomberg's Jamanna Bersete reports. Iran is promising to ramp up retaliatory attacks.
About a dozen nations are involved with Tehran striking US bases and embassies across the Middle East. Turkey came under fire as well yesterday, the first time a NATO member's been targeted. And a US submarine sank an Iranian warship in international waters off Sri Lanka in the first such attack since World War II.
Iran is vowing to avenge that strike.
From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →
Topics
- iran response
- war powers vote
- fed rate cuts
- oil prices
- middle east conflict impact
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Summary, takeaways and quote selection by Octagon. Quotes are short excerpts; the full conversation is in the episode.
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