1 00:00:02,400 --> 00:00:04,480 Speaker 1: News when you want it with Bloomberg News Now, I'm 2 00:00:04,519 --> 00:00:08,920 Speaker 1: Doug prisoner. Iran is facing its most perilous moment in decades. 3 00:00:09,000 --> 00:00:13,080 Speaker 1: After the US and Israel attack Iran's nuclear facilities last night, 4 00:00:13,520 --> 00:00:16,959 Speaker 1: President Trump authorized a massive air strike, even though he 5 00:00:17,120 --> 00:00:20,920 Speaker 1: previously hinted at a delay. The mission was dubbed Operation 6 00:00:21,079 --> 00:00:25,040 Speaker 1: Midnight Hammer. It used B two stealth bombers, Tomahawk missiles, 7 00:00:25,040 --> 00:00:29,920 Speaker 1: and over seventy precision guided weapons in a coordinated attack. Meantime, 8 00:00:30,040 --> 00:00:33,360 Speaker 1: US Secretary of State Marco Rubio said the US is 9 00:00:33,400 --> 00:00:36,960 Speaker 1: ready to negotiate after this bombing. Rubio spoke to CBS 10 00:00:36,960 --> 00:00:37,600 Speaker 1: Face the Nation. 11 00:00:38,120 --> 00:00:41,640 Speaker 2: This mission was a very precise mission. It had three objectives, 12 00:00:41,680 --> 00:00:43,839 Speaker 2: three nuclear sites. It was not attack on Iran. It 13 00:00:43,880 --> 00:00:46,120 Speaker 2: was not an attack on the Iranian people. This wasn't 14 00:00:46,159 --> 00:00:48,800 Speaker 2: a regime change move. This was designed to degrade and 15 00:00:48,960 --> 00:00:50,960 Speaker 2: or destroy three nuclear sites. 16 00:00:51,120 --> 00:00:54,000 Speaker 1: That is US Secretary of State Marco Rubio speaking to 17 00:00:54,160 --> 00:00:57,240 Speaker 1: CBS Face the Nation. He went on to warn Iran 18 00:00:57,320 --> 00:00:59,840 Speaker 1: that closing the Strait of Hormuz would be a su 19 00:01:00,120 --> 00:01:03,880 Speaker 1: sidle move for the regime. Oil prices meantime are pushing 20 00:01:03,960 --> 00:01:08,280 Speaker 1: higher after those US strikes on Iran's nuclear facilities, Brent 21 00:01:08,360 --> 00:01:11,319 Speaker 1: crude and WTI are higher by more than two percent. 22 00:01:11,720 --> 00:01:15,520 Speaker 1: Bob McNally is president and founder of Rapidan Energy Group. 23 00:01:16,120 --> 00:01:16,720 Speaker 3: Look, we're up. 24 00:01:16,680 --> 00:01:20,280 Speaker 4: Ten dollars a barrel since the war started, now a 25 00:01:20,280 --> 00:01:22,920 Speaker 4: little more, and so I think there's appropriate amount of 26 00:01:23,000 --> 00:01:25,480 Speaker 4: risk in the market right now. Traders are sort of 27 00:01:25,520 --> 00:01:29,840 Speaker 4: holding their breath waiting to see if Israel Iran expand 28 00:01:29,880 --> 00:01:36,279 Speaker 4: this conflict beyond military and political targets into traded energy. 29 00:01:36,360 --> 00:01:39,160 Speaker 4: So far, no one's pulled that trigger yet, and if 30 00:01:39,200 --> 00:01:41,800 Speaker 4: they don't, I can see the price kind of reversing. 31 00:01:41,920 --> 00:01:44,720 Speaker 1: That is Bob McNally. He's the president and founder of 32 00:01:44,840 --> 00:01:48,960 Speaker 1: Rapidan Energy Group. Meantime, the United Nations Security Council met 33 00:01:48,960 --> 00:01:53,280 Speaker 1: today at the request of Tehran. Here is Israel's ambassador 34 00:01:53,360 --> 00:01:54,720 Speaker 1: to the UN, Danny Dennon. 35 00:01:55,040 --> 00:01:57,920 Speaker 5: Months ago, I said before the Council and called for 36 00:01:58,000 --> 00:02:01,800 Speaker 5: a coalition of the courageous. I called for a coalition 37 00:02:02,040 --> 00:02:05,960 Speaker 5: with the mora, clarity and strengths to confront the greatest 38 00:02:05,960 --> 00:02:09,760 Speaker 5: threat our war dos seen since the Second World War. 39 00:02:10,840 --> 00:02:14,160 Speaker 5: Last night, the leader of the free world acted with 40 00:02:14,280 --> 00:02:19,040 Speaker 5: that courage. The United States acted not just for itself 41 00:02:19,440 --> 00:02:22,880 Speaker 5: but for every dation that values freedom over radicalism. 42 00:02:23,080 --> 00:02:27,480 Speaker 1: That was Israel's ambassador to the UN, Danny Dennon. Meantime, 43 00:02:27,520 --> 00:02:30,880 Speaker 1: in Washington, we're getting plenty of reaction. Here is California 44 00:02:30,960 --> 00:02:35,480 Speaker 1: Republican Congressman darryl Isis speaking earlier to Bloomberg's balance of power. 45 00:02:36,040 --> 00:02:38,799 Speaker 6: The President has made it clear he's holding out an 46 00:02:38,800 --> 00:02:42,040 Speaker 6: olive branch every day, including today, but he's also made 47 00:02:42,040 --> 00:02:45,520 Speaker 6: it clear he will not tolerate the continued behavior that 48 00:02:45,560 --> 00:02:48,480 Speaker 6: has caused so many American lives. All the way back 49 00:02:48,520 --> 00:02:52,160 Speaker 6: to the early nineteen eighties when the Iranian regime was young. 50 00:02:52,400 --> 00:02:53,640 Speaker 6: They have been killing America. 51 00:02:53,800 --> 00:02:57,840 Speaker 1: That is California Republican Congressman darryl Isa there speaking on 52 00:02:57,880 --> 00:03:01,280 Speaker 1: Bloomberg's balance of power and the week ahead. Fetchair. J. 53 00:03:01,480 --> 00:03:04,760 Speaker 1: Powell will be on Capitol Hill for two days of testimony. 54 00:03:04,800 --> 00:03:06,480 Speaker 1: Here is Bloomberg's Karen Moscow. 55 00:03:06,680 --> 00:03:10,760 Speaker 3: Fedchair Jerome Howell testifies before the House Financial Services Committee 56 00:03:10,760 --> 00:03:14,359 Speaker 3: on Tuesday. His semi annual congressional testimony comes at a 57 00:03:14,440 --> 00:03:17,320 Speaker 3: time that the US Central Bank is under pressure from 58 00:03:17,320 --> 00:03:20,359 Speaker 3: the Trump administration to cut interest rates. He'll be back 59 00:03:20,360 --> 00:03:23,360 Speaker 3: before the Senate Banking Committee on Wednesday. All this on 60 00:03:23,400 --> 00:03:26,160 Speaker 3: top of what's a busy economic calendar. In the week ahead. 61 00:03:26,200 --> 00:03:28,880 Speaker 3: Among the reports, investors will get a look at SMP 62 00:03:29,000 --> 00:03:34,080 Speaker 3: Global Manufacturing and Services PMI, Existing Home Sales, consumer Confidence, 63 00:03:34,240 --> 00:03:38,720 Speaker 3: US Goods Trade Revised GDP, Personal Income, and the PCEE 64 00:03:38,880 --> 00:03:42,600 Speaker 3: Price Index, to name a few. Karen Moscow Bloomberg Radio. 65 00:03:42,760 --> 00:03:47,560 Speaker 1: Tesla's Robotaxi is hitting the streets this weekend in Austin, Texas. 66 00:03:47,640 --> 00:03:49,320 Speaker 1: Here's Bloomberg's Nancy Alliance. 67 00:03:49,600 --> 00:03:52,800 Speaker 7: The launch will involve only a limited number of Tesla 68 00:03:52,920 --> 00:03:56,800 Speaker 7: Model Y vehicles. They'll only drive in a geofest area 69 00:03:56,840 --> 00:04:00,280 Speaker 7: of the city. Karl Kockleman is a professor of transperation 70 00:04:00,400 --> 00:04:02,320 Speaker 7: engineering at the University of Texas. 71 00:04:02,520 --> 00:04:06,200 Speaker 6: They're tweaking the algorithm so that the car will be 72 00:04:06,240 --> 00:04:09,080 Speaker 6: able to move without somebody in that driver's seat. 73 00:04:09,360 --> 00:04:12,760 Speaker 7: Launches are also planned for Los Angeles and San Francisco. 74 00:04:13,160 --> 00:04:16,640 Speaker 7: Tesla's main rival, Waimo, is seeking permission to test its 75 00:04:16,680 --> 00:04:20,239 Speaker 7: own autonomous vehicles in New York City with a safety 76 00:04:20,320 --> 00:04:23,279 Speaker 7: driver on board. I'm Nancy lyons Bloomberg Radio. 77 00:04:23,440 --> 00:04:26,919 Speaker 1: A judge in Tennessee has ordered the release of Kilmar 78 00:04:27,040 --> 00:04:30,960 Speaker 1: Abrego Garcia the man mistakenly deported as part of President 79 00:04:31,000 --> 00:04:35,600 Speaker 1: Trump's immigration crackdown. Abrego Garcia is awaiting a federal trial 80 00:04:35,720 --> 00:04:38,839 Speaker 1: on human smuggling charges, but he's not expected to be 81 00:04:38,960 --> 00:04:42,880 Speaker 1: allowed to go free. US Magistrate Judge Barbara Holmes has 82 00:04:42,920 --> 00:04:46,800 Speaker 1: scheduled a hearing for Wednesday to discuss the conditions of 83 00:04:46,839 --> 00:04:50,359 Speaker 1: a Brego Garcia's release. The US government has already filed 84 00:04:50,400 --> 00:04:53,800 Speaker 1: a motion to appeal the judge's release order. And that 85 00:04:53,920 --> 00:04:56,120 Speaker 1: is news when you want it with Bloomberg News. Now 86 00:04:56,200 --> 00:04:58,080 Speaker 1: I'm Doug prisoner, and this is Bloomberg