1 00:00:00,920 --> 00:00:03,400 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:03,440 --> 00:00:06,920 Speaker 1: Monica Ricks. President Trump is calling US strikes on Iranian 3 00:00:07,000 --> 00:00:10,160 Speaker 1: nuclear sites a spectacular military success. 4 00:00:10,320 --> 00:00:14,160 Speaker 2: A short time ago, the US military carried out massive 5 00:00:14,200 --> 00:00:19,160 Speaker 2: precision strikes on the three key nuclear facilities in the 6 00:00:19,160 --> 00:00:24,680 Speaker 2: Iranian regime, Fodeaux, Natanz, and Esfahan. 7 00:00:24,920 --> 00:00:27,560 Speaker 1: The President addressed the nation from the White House hours 8 00:00:27,600 --> 00:00:30,800 Speaker 1: after confirming the attacks on social media. Trump says the 9 00:00:30,800 --> 00:00:33,960 Speaker 1: Iranian sites were wiped out and has promised more. 10 00:00:34,040 --> 00:00:36,760 Speaker 2: If there's no peace around the bully of the Middle 11 00:00:36,800 --> 00:00:40,800 Speaker 2: East must now make peace. If they do not, future 12 00:00:40,800 --> 00:00:43,519 Speaker 2: attacks would be far greater and a lot easier. 13 00:00:43,720 --> 00:00:47,360 Speaker 1: Israeli Prime Minister Benjamin Netanyah, who thanked Trump for his decision. 14 00:00:47,520 --> 00:00:52,440 Speaker 3: President Trump and I often say peace through strength first 15 00:00:52,440 --> 00:00:57,320 Speaker 3: comes strength and comes peace. And tonight President Trump and 16 00:00:57,360 --> 00:01:00,360 Speaker 3: the United States acted with a lot. 17 00:01:00,600 --> 00:01:03,120 Speaker 1: President Trump had given a two week deadline, but made 18 00:01:03,160 --> 00:01:07,000 Speaker 1: the decision much sooner. Retired Colonel Steve Ganyard tells ABC 19 00:01:07,080 --> 00:01:08,920 Speaker 1: News it was an amazing fake out. 20 00:01:09,200 --> 00:01:11,840 Speaker 4: Deception is a big part of war and well played 21 00:01:11,880 --> 00:01:14,360 Speaker 4: by the administration to be able to have everybody looking 22 00:01:14,400 --> 00:01:17,039 Speaker 4: over towards Hawaii and towards Guam. That's where the B 23 00:01:17,120 --> 00:01:19,399 Speaker 4: twos are coming from, and maybe what we saw tonight 24 00:01:19,440 --> 00:01:21,240 Speaker 4: were b twos that actually flew all the way from 25 00:01:21,240 --> 00:01:22,200 Speaker 4: Whiteman Air Force Base. 26 00:01:22,360 --> 00:01:25,360 Speaker 1: That base is in Missouri. The attacks now getting mixed 27 00:01:25,360 --> 00:01:29,720 Speaker 1: reactions from lawmakers, including Vermont Senator Bernie Sanders, who called 28 00:01:29,720 --> 00:01:33,480 Speaker 1: the move unconstitutional, saying only Congress can take this country 29 00:01:33,520 --> 00:01:37,840 Speaker 1: to war. Tehran has vowed to retaliate. Meantime, traders will 30 00:01:37,880 --> 00:01:40,200 Speaker 1: prepare for a price surge in the oil market. The 31 00:01:40,240 --> 00:01:43,039 Speaker 1: region accounts for a third of global oil output, and 32 00:01:43,160 --> 00:01:46,360 Speaker 1: with volatility expected to intensify in the week ahead, some 33 00:01:46,480 --> 00:01:49,400 Speaker 1: analysts predict prices could spike as much as one hundred 34 00:01:49,440 --> 00:01:53,040 Speaker 1: dollars a barrel. Signs now of new snags in US 35 00:01:53,080 --> 00:01:56,680 Speaker 1: European Union trade talks. The US is apparently demanding what 36 00:01:56,800 --> 00:02:01,280 Speaker 1: EU officials see as unbalanced unilateral can sessions. More on 37 00:02:01,320 --> 00:02:03,600 Speaker 1: that from Bloomberg's Denis Pellegrini. 38 00:02:03,160 --> 00:02:06,120 Speaker 5: We are hearing the EU has proposed gradual elimination of 39 00:02:06,160 --> 00:02:08,960 Speaker 5: tariffs on certain goods, but the BLOCK suspects many US 40 00:02:09,040 --> 00:02:12,519 Speaker 5: tariffs will remain against its wishes, and sources say the 41 00:02:12,600 --> 00:02:17,000 Speaker 5: EU is preparing countermeasures in case negotiations fail, best case 42 00:02:17,040 --> 00:02:19,239 Speaker 5: scenario would be in agreement, they say, on principles that 43 00:02:19,240 --> 00:02:23,040 Speaker 5: would allow the negotiations to continue beyond an early July deadline. 44 00:02:23,120 --> 00:02:26,280 Speaker 5: But sources also tell us Washington's request for quotas for 45 00:02:26,360 --> 00:02:29,960 Speaker 5: pish exports, TERRAF related moves that aren't mutual, and demands 46 00:02:30,000 --> 00:02:33,480 Speaker 5: on economic security described by EU officials as far fetched 47 00:02:33,840 --> 00:02:36,959 Speaker 5: are among the US demands. Rubbing EU officials the wrong way. 48 00:02:37,360 --> 00:02:39,240 Speaker 5: Denise Pelgriny Bloomberg Radio. 49 00:02:39,200 --> 00:02:42,160 Speaker 1: Salvage crews rescued the wreckage of Mike Lynch's super yacht 50 00:02:42,200 --> 00:02:44,760 Speaker 1: off the coast of Sicily Saturday. It's the first time 51 00:02:44,800 --> 00:02:47,040 Speaker 1: it's been brought to the surface since it sank during 52 00:02:47,080 --> 00:02:50,760 Speaker 1: a storm last year, killing seven people, including Lynch and 53 00:02:50,800 --> 00:02:55,120 Speaker 1: Morgan Stanley. International chair Jonathan Bloomer. Investigators are expected to 54 00:02:55,200 --> 00:02:58,680 Speaker 1: examine that wreckage. Here in the US, millions of people 55 00:02:58,760 --> 00:03:01,000 Speaker 1: are sweating it out this week, and as an intense 56 00:03:01,040 --> 00:03:04,160 Speaker 1: heat wave bakes parts of the Midwest and Northeast. It 57 00:03:04,200 --> 00:03:06,920 Speaker 1: is the high that woman, one of many at an 58 00:03:07,040 --> 00:03:10,200 Speaker 1: arts festival today in Philly. It is way too high, 59 00:03:10,280 --> 00:03:12,280 Speaker 1: way too hot to be outside, but we're here. We're 60 00:03:12,280 --> 00:03:14,440 Speaker 1: having a good time. We're fine in shade where we can. 61 00:03:14,840 --> 00:03:17,880 Speaker 1: The high there hit ninety one over in Utah, a 62 00:03:17,880 --> 00:03:21,040 Speaker 1: fast movie wildfire has destroyed at least a dozen homes 63 00:03:21,040 --> 00:03:24,880 Speaker 1: and threatened hundreds more. Sergeant Lucas Alfred with the Washington 64 00:03:24,919 --> 00:03:29,839 Speaker 1: County Sheriff's Office telling KTVX evacuations were absolutely necessary. 65 00:03:29,960 --> 00:03:31,760 Speaker 2: We're going to try and protect structures, We're going to 66 00:03:31,760 --> 00:03:33,840 Speaker 2: try and protect homes, but when lives are on the 67 00:03:33,840 --> 00:03:36,040 Speaker 2: line as well, that's going to be the priority. 68 00:03:36,160 --> 00:03:39,000 Speaker 1: Investigators still don't know yet how the fire started, but 69 00:03:39,080 --> 00:03:42,880 Speaker 1: windy conditions continue to fuel it. President Trump says his 70 00:03:42,920 --> 00:03:46,360 Speaker 1: administration will hold talks with Harvard University and could announce 71 00:03:46,400 --> 00:03:50,240 Speaker 1: a quote mind bogglingly historic deal over the next week. 72 00:03:50,640 --> 00:03:53,440 Speaker 1: A truce would end a month's long standoff that's jeopardized 73 00:03:53,480 --> 00:03:56,600 Speaker 1: billions of dollars of the school's funding. Trump has accused 74 00:03:56,640 --> 00:04:02,200 Speaker 1: Harvard of antisemitism and liberal bias, threatening it tax exempt status. Harvard, 75 00:04:02,240 --> 00:04:05,560 Speaker 1: of course fired back with lawsuits accusing the administration of 76 00:04:05,720 --> 00:04:10,800 Speaker 1: unconstitutional demands. And The Travelers Championship continues tomorrow at TPC 77 00:04:11,000 --> 00:04:14,760 Speaker 1: River Highlands in Cromwell, Connecticut. Scottie Scheffler won it last year, 78 00:04:14,760 --> 00:04:17,599 Speaker 1: but is tied for eighth right now with seven under PARR. 79 00:04:17,880 --> 00:04:21,599 Speaker 1: British golfer Tommy Fleetwood tops the leader board at sixteen under. 80 00:04:22,240 --> 00:04:24,479 Speaker 1: That's news when you want it with Bloomberg News Now. 81 00:04:24,640 --> 00:04:27,040 Speaker 1: I'm Monica Ricks, and this is Bloomberg