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

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Speaker 1: Doug Prisner. The US struck military sites on carg Island

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Speaker 1: over the weekend. This is Iran's main export hub for

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Speaker 1: crude oil. Then late on Sunday, President Trump told The

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Speaker 1: Financial Times the US was prepared to launch new strikes

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Speaker 1: on carg Island. He also said the US could target

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Speaker 1: Iranian oil infrastructure, and at the same time, Trump stepped

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Speaker 1: up calls to US allies to help reopen the Strait

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Speaker 1: of Horror moves. Here is Trump speaking later to reporters

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Speaker 1: of board Air Force One.

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Speaker 2: I were really undemanding that these dutches come in and

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Speaker 2: protect their own territory, because it is their turntory. It's

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Speaker 2: the place from which they get their energy, and they

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Speaker 2: should come and they should help us protect it. You

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Speaker 2: could make the case that maybe we shouldn't even be

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Speaker 2: there at all, because we don't need it. We have

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Speaker 2: a lot of oil be with the number one producer

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Speaker 2: anywhere in the world. Times soon.

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Speaker 1: Trump also told The Financial Times that NATO faces a

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Speaker 1: very bad future if US allies failed to assist in

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Speaker 1: opening up the straight offore moves. On top of that,

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Speaker 1: Trump also said he could delay his summit with Chinese

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Speaker 1: President Chichin Ping later this month, as Trump presses Beijing

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Speaker 1: to help unblock the Strait and In the same exchange

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Speaker 1: with reporters, Trump said Cuba wants to make a deal

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Speaker 1: with the US, but he wants to finish war with Iran,

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Speaker 1: before turning to the island nation. It's the third week

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Speaker 1: of war with Iran, and President Trump says Tehran is

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Speaker 1: ready to make a deal to end the war, but

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Speaker 1: the US wants better terms. In a phone interview with NBC,

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Speaker 1: Trump said a very solid agreement would have to include

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Speaker 1: a commitment by Tehran to abandon nuclear ambitions. However, Iran's

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Speaker 1: Foreign Minister Abbas Aachi said the Islamic Republic has not

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Speaker 1: asked for talks or a ceasefire. Here is Arachi speaking

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Speaker 1: with CBS face the nation now.

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Speaker 3: We never ask for a ceasefire and we have never

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Speaker 3: asked even for negotiation. We are ready to defend ourselves

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Speaker 3: as long as it takes, and this is what we

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Speaker 3: have done so far and we continue to do that

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Speaker 3: until President torm comes to the point that this is

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Speaker 3: an illegal war read no victory.

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Speaker 1: That is Aroun's foreign minister Abbasarachi speaking with CBS Face

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Speaker 1: the Nation. Meantime, several officials from the Trump administration are

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Speaker 1: signaling the war may last several more weeks. Here is

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Speaker 1: any Seed Director Kevin Hassett, speaking on CBS Face the Nation.

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Speaker 1: We expect that the global economy is going to have

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Speaker 1: a big positive shock. A SUITICI is over, and we're

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Speaker 1: still being brief that it would be four to six

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Speaker 1: weeks from the beginning and that we're ahead of schedule.

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Speaker 1: That is Any Seed Director, Kevin Hasset, speaking on CBS

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Speaker 1: Face the Nation. California's Natural Resources Agency has ordered the

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Speaker 1: oil and gas company Sable Offshore to remove a pipeline

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Speaker 1: crossing a state park. Now, this order comes after the

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Speaker 1: US government in instructed Sable to begin pumping crude through

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Speaker 1: that conduit. Authorities in California told Sable to respond with

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Speaker 1: plans to remove the pipeline segment within ten days or

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Speaker 1: face legal action. Now, the energy shock has forced investors

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Speaker 1: to reassess a broad array of industries, from food delivery

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Speaker 1: firms to cosmetics makers, and it will also impact the

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Speaker 1: meeting of FED policymakers later this week. We have a

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Speaker 1: preview from Bloomberg's Charlie Pellett.

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Speaker 4: FED officials are widely expected to hold rates steady, and

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Speaker 4: traders will be focusing on any potential change in the

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Speaker 4: Central Bank's outlook to incorporate the impacts of the war.

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Speaker 4: According to a Bloomberg News survey, economists have pushed back

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Speaker 4: their expectation for the Fed's next interest rate cut to

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Speaker 4: June from March, but still see two quarter point reductions

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Speaker 4: by year end. Nearly a third of economists polled also

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Speaker 4: expressed misgivings about Kevin worsh, the former FED governor tap

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Speaker 4: by President Trump to succeed Chair J Powell. In New

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Speaker 4: York Charlie Pellett Bloomberg Radio.

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Speaker 1: The US Senate is set to hold a vote this

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Speaker 1: week on the Save America Act. The voter ID bill

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Speaker 1: is backed by President Trump. It would require proof of

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Speaker 1: citizenship to register to vote and photo id to cast

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Speaker 1: a ballot. Majority Leader John Thune also wants lawmakers to

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Speaker 1: consider some other bills. We have more from Bloomberg's Amy

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Speaker 1: Morris in Washington.

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Speaker 5: The Senate will hold an extended debate on President Trump's

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Speaker 5: Save America Act this coming week, but right now there

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Speaker 5: isn't a path for the Chamber to meet the sixty

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Speaker 5: vote threshold or go around the rules on the bill.

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Speaker 5: Thune says Senators will have a full and robust debate

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Speaker 5: before moving to more bipartisan policy, what he calls economic

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Speaker 5: and energy policy issues. He says senators are working on

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Speaker 5: a market structure bill on cryptocurrency that he hopes will

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Speaker 5: come out of Committee soon, and the Chamber could then

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Speaker 5: move on to overhauling permitting rules for energy and infrastructure

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Speaker 5: projects in Washington. Amy Moore as Bloomberg Radio.

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Speaker 1: In sports, Cameron Young has won the Player's Chamchampionship. This

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Speaker 1: is his second PGA win. Its selection Sunday, the twenty

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Speaker 1: twenty six NCAA March Madness bracket is now set. On

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Speaker 1: the men's side, Duke, Arizona, Michigan, and Florida are the

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Speaker 1: number one seeds. On the women's side, Yukon, UCLA, Texas,

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Speaker 1: and South Carolina are the number one seeds. At the

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Speaker 1: Academy Awards, Jesse Buckley won Best Actress for her role

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Speaker 1: in Hamnet, Michael B. Jordan won Best Actor for his

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Speaker 1: role in Sinners, and the Best Picture went to one

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Speaker 1: battle after another. And that is news when you want

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Speaker 1: it With Bloomberg News Now I'm Doug Chrisner, and this

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Speaker 1: is Bloomberg