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Speaker 1: News when you want it with Bloomberg News Now, I'm

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Speaker 1: Doug Krisner. The Trump administration is planning to allow a

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Speaker 1: Russian oil tanker to dock in Cuba. We are told

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Speaker 1: the shipment is expected to be permitted to arrive in

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Speaker 1: the coming days. Here is President Trump speaking earlier to

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Speaker 1: reporters aboard Air Force One. Well, I would.

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Speaker 2: Say, I told them, if a country wants to send

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Speaker 2: some oil into Cuba right now, I.

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Speaker 3: Have no problem with whether it's whether it's Russia or no.

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Speaker 1: Crude oil prices are rising. This is after Huthi militants

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Speaker 1: and Yemen entered the war in the Middle East. The

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Speaker 1: group fired missiles and drones earlier at Israel and the

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Speaker 1: hooth He said they would continue operations until the attacks

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Speaker 1: on the Islamic Republic and its proxy militant groups cease.

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Speaker 1: The Pentagon is reportedly preparing for weeks of ground operations

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Speaker 1: inside Iran. The Washington Post reports any potential move would

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Speaker 1: fall short of a full scale invasion, and it could

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Speaker 1: involve raids by special Operations forces and conventional infantry troops,

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Speaker 1: and additional thirty five hundred US troops have already arrived

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Speaker 1: in the Middle East and that puts the total number

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Speaker 1: of US troops in the region at fifty thousand. Here

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Speaker 1: he is retired Brigadier General Mark Kimmitt.

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Speaker 2: And I think they can do most, if not all,

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Speaker 2: of that without ground forces if they're talking about hard

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Speaker 2: destruction of missile sites, of discovered nuclear sites, and their navy. If,

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Speaker 2: on the other hand, they want to conduct short term

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Speaker 2: operations to say, go against their speedboats that have been

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Speaker 2: so effective in the past, and we saw in Yemen

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Speaker 2: with the sinking of the USS coal by the speedboats,

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Speaker 2: that may take troops on the ground for a short

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Speaker 2: period of time. And of course the carg Island question

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Speaker 2: begs the question if we're going to have to put

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Speaker 2: ground troops there.

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Speaker 1: That is retired Brigadier General Mark Kimmitt speaking earlier on

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Speaker 1: Bloomberg this weekend. Now on Sunday, the foreign ministers of Turkey, Egypt,

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Speaker 1: and Saudi Arabia met in Islamabad to discuss proposals presented

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Speaker 1: to Iran to end the blockade of the Strait of Hormuz.

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Speaker 1: We are told Saudi Arabias that any deal would have

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Speaker 1: to include ironclad guarantees that Iran's production of ballistic missiles

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Speaker 1: would be curbed and Iranian support of proxy groups such

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Speaker 1: as Hezbelah would come to an end. Now, the foreign

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Speaker 1: ministers are expected to meet again in Pakistan on Monday. Meantime,

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Speaker 1: Iranian officials have already ruled out discussing Iran's missile program

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Speaker 1: as a starting point to any ceasefire talks. Meantime, the

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Speaker 1: International Atomic Energy Agency says a heavy water production plant

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Speaker 1: in the Iranian city of Kondab sustained severe damage on

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Speaker 1: March twenty seventh, and it's no longer operational. Heavy water

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Speaker 1: can allow nuclear reactors to operate and potentially produce plutonium

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Speaker 1: for nuclear weapons without enriched uranium now. The Wall Street

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Speaker 1: Journal reports the IAEA said the site did not contain

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Speaker 1: any declared nuclear material, meaning there is no risk of radiation.

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Speaker 1: In the States, Republican representative Steve Scalise told ABC News

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Speaker 1: the Trump administration has nearly eliminated the threat of a

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Speaker 1: nuclear armed Iran.

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Speaker 4: You're seeing him do it with the naval fleet, with

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Speaker 4: their facilities that actually manufacture those missiles, those drones, and

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Speaker 4: so many other things that he's decimating. But we're not

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Speaker 4: there yet, but are getting close.

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Speaker 1: That is Republican representative Steve Scalise speaking to ABC News Now.

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Speaker 1: The attacks in the Middle East have extended into a

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Speaker 1: fifth week. On Saturday, Iran struck two aluminum production sites

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Speaker 1: in the UAE. The Middle East accounts for around nine

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Speaker 1: percent of global aluminum supply, and much of it is

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Speaker 1: now blocked inside the Strait of Horror Movez. President Trump

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Speaker 1: is reportedly weighing a military operation to extract nearly one

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Speaker 1: thousand pounds of uranium from Iran. The Wall Street Journal

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Speaker 1: reports the President remains open to the idea because it

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Speaker 1: could help accomplish his goal of preventing Iran from ever

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Speaker 1: making a nuclear weapon, and he's encouraging advisors to press

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Speaker 1: Iran to agree to surrender the material as a condition

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Speaker 1: for ending the war. Now, any move to seize the

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Speaker 1: uranium by force would be complex and dangerous, and could

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Speaker 1: trigger retaliation from Iran and lengthen the war. This conflict

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Speaker 1: has led to fears of lower economic growth and faster

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Speaker 1: inflation or stagflation across the global economy. Here is Bloomberg

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Speaker 1: oil strategist Julian Lee.

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Speaker 5: Almost all of these exports that we've seen in the

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Speaker 5: last two or three weeks are going south out of Yamboo.

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Speaker 5: Theyre going towards Saudi arabiazation markets, so they would be

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Speaker 5: at risk if if the Hoothies do step up attacks

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Speaker 5: on tankers.

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Speaker 1: That is Bloomberg's Julian Lee. The Russian port of ust

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Speaker 1: Luga sustained damage from a Ukrainian drone attack as Kiev

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Speaker 1: steps up strikes on Russian oil export infrastructure, and the

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Speaker 1: Leningrad region also came under attack overnight. There is no

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Speaker 1: end inside for the partial US government shutdown. This is

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Speaker 1: after Congress left for a two week break without agreeing

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Speaker 1: on a spending measure for the Department of Homeland Security.

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Speaker 1: TSA workers have not been paid for forty three days.

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Speaker 1: Here is US borders are Tom Homan speaking to CNN.

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Speaker 3: There is a plan to get these ts agents pay,

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Speaker 3: hopefully by tomorrow Tuesday. So yeah, it's good news because

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Speaker 3: these TSA officers are struggling. They can't know if either

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Speaker 3: their families or pay the rent.

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Speaker 1: That is, borders are Tom Homan. The holiday shortened trading

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Speaker 1: week will be important for engaging the US economy. Bloomberg's

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Speaker 1: Nathan Hager has a look at the week ahead.

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Speaker 6: The stock market will be closed for the good Friday holiday,

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Speaker 6: but it's also the first Friday of April, which means

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Speaker 6: the Labor Department is due to release the March jobs report.

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Speaker 6: Economists expect a return to gains in non farm payrolls

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Speaker 6: after February's surprise eighty six thousand job loss. Before that,

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Speaker 6: we get February job openings data on Tuesday, retail sales

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Speaker 6: figures for the on Wednesday, and the latest look at

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Speaker 6: the trade balance on Thursday. Nathan Hager, Bloomberg Radio.

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Speaker 1: The final four in the NCAA Men's basketball Tournament is

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Speaker 1: set on Saturday. Arizona and Illinois punched their tickets to

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Speaker 1: the semifinals. Then on Sunday, Michigan defeated Tennessee ninety five

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Speaker 1: sixty two and Yukon bested Duke seventy three seventy two

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Speaker 1: thanks to a last second shot from freshman guard Braylan Mullins. Now,

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Speaker 1: next Saturday, Michigan will play Arizona and Yukon will face Illinois. Obviously,

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Speaker 1: the winners will move on to the NCAA Championship. And

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Speaker 1: that is news when you want it with Bloomberg News. Now,

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Speaker 1: I'm Doug Prisner, and this is Bloomberg