Episode summary

Saudi, UAE Could Reportedly Join Iran War; Senate Inches Toward DHS Deal | Bloomberg Daybreak:...

Bloomberg Daybreak: US Edition · · 16 min

Saudi, UAE Could Reportedly Join Iran War; Senate Inches Toward DHS Deal | Bloomberg Daybreak:... – Bloomberg Daybreak: US Edition

Summary

The main story is the war with Iran, now in its 25th day, with attacks continuing on both sides even as President Trump said he is holding off for five days on targeting Iran’s energy infrastructure because of what he called really good discussions with Tehran. The host said US envoys Steve Witco and Jared Kushner spoke with a top Iranian contact on Sunday, while Iranian officials denied direct talks. A Bloomberg correspondent said the picture is confused, but there appears to be back-channel diplomacy involving Egypt, Turkey, Pakistan, Saudi Arabia and Oman.

The episode also highlighted signs the conflict could widen. The Wall Street Journal reported that Saudi Arabia and the United Arab Emirates are taking steps toward joining the war, including Saudi access to King Fahd Air Base and the UAE closing a hospital and club owned by Iran. Meanwhile, overnight strikes and interceptions were reported across the Gulf and inside Iran, and oil markets reacted sharply to the shifting rhetoric and headlines.

Beyond the war, the program covered the LaGuardia Airport crash investigation, where black boxes were recovered after the deadly Air Canada Express Jet accident. It also noted progress toward ending the Department of Homeland Security shutdown, with senators sounding more optimistic about a deal, and it reported the confirmation of Mark Wayne Mullen as DHS secretary.

Key takeaways

  • The host said the war with Iran is in its 25th day and that Trump is pausing energy-infrastructure strikes for five days while talks continue.
  • A Bloomberg correspondent said indirect diplomacy appears to involve Egypt, Turkey, Pakistan, Saudi Arabia and Oman, but the process remains unclear.
  • The Wall Street Journal reported that Saudi Arabia and the UAE are taking steps toward joining the war, signaling possible escalation.
  • Crude jumped and then fell on headlines, with the host citing heavy trading before Trump’s public post on negotiations.
  • Senators from both parties are sounding more optimistic about a deal to reopen DHS after a five-week partial shutdown.

Notable quotes

“Attacks continue on both sides, even as President Trump says he's holding off on going after Iran's energy infrastructure for 5 days”

— A speaker on Bloomberg Daybreak: US Edition at 0:16

“It's a confused picture and we're getting scraps of it”

— A speaker on Bloomberg Daybreak: US Edition at 1:06

“The Wall Street Journal is reporting that Saudi Arabia and the United Arab Emirates are taking steps toward joining the war”

— A speaker on Bloomberg Daybreak: US Edition at 2:06

“There was a similar increase in activity in US stock futures on the S&P 500 prior to the president's post”

— A speaker on Bloomberg Daybreak: US Edition at 3:28

“the Senate is working on a deal”

— A speaker on Bloomberg Daybreak: US Edition at 6:12

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 the latest on the war with Iran now into its 25th day. Attacks continue on both sides, even as President Trump says he's holding off on going after Iran's energy infrastructure for 5 days, citing what he calls really good discussions with Thrron.

They started uh last night, a little bit the night before that. And uh I think they're, you know, I think they're very good. They want to they want peace. They've agreed they will not have a nuclear weapon, you know, etc., etc.

The president says US envoys Steve Witco and Jared Kushner spoke with a top person in Iran on Sunday, but that it's not the new Supreme Leader Mosha Bahamei. Iranian officials for their part say they are ruling out discussions with the US. Stuart Livingston Wallace leads Bloomberg's Middle East coverage.

It's a confused picture and we're getting scraps of it. So there does appear to have been some sort of back channeling going on and our reporting has shown that probably includes Egypt, Turkey, Pakistan, Saudi Arabia, Oman and I'm sure that's not a complete list when you think of the number of countries that have been impacted by this war not just directly in terms of attacks from Iran uh but also you know in terms of the economic impact much further a field and I'm thinking particularly uh of East Asia. Bloomberg's Steuart Livingston Wallace reports President Trump decided to back off his threats after allies privately warned him that the war was becoming a disaster.

Sources tell Bloomberg News that regional partners told the US permanent damage to Iran's infrastructure would lead to a failed state.

From the episode’s captions: roughly the first two minutes, lightly cleaned. Keep watching on YouTube →

Topics

  • iran war escalation
  • saudi uae military access
  • trump iran diplomacy
  • homeland security shutdown
  • save america act

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