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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. Iran is facing its most perilous moment in

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Speaker 1: decades after the US and Israel attacked Iran's nuclear facilities

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Speaker 1: last night. President Trump authorized a massive air strike, even

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Speaker 1: though he previously hinted at a delay. The mission was

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Speaker 1: dubbed Operation Midnight Hammer. It used B two stealth bombers,

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Speaker 1: Tomahawk missiles, and over seventy precision guided weapons in a

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Speaker 1: coordinated attack. Meantime, US Secretary of State Marco Rubio said

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Speaker 1: the US is ready to negotiate after this bombing. Rubio

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Speaker 1: spoke to CBS Face the nation.

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Speaker 2: I think they should choose the route of peace. We've

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Speaker 2: done everything we have been over backwards to create a

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Speaker 2: deal with these people. Steve Woodcoff has traveled the world extensively,

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Speaker 2: met with them, well not even met with them, met

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Speaker 2: through the Omanis with them and discussed back and forth.

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Speaker 2: We even put an offer to them that they wanted

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Speaker 2: elements of it in writing, and we offered it the

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Speaker 2: very generous offer. By the way, We've done it, and

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Speaker 2: we're prepared right now, call right now and say we

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Speaker 2: want to meet. Let's talk about this, We're prepared to

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Speaker 2: do that. The President's made that clear from the very beginning.

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Speaker 1: That is US Secretary of State Marco Rubio speaking to

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Speaker 1: CBS Face the Nation. He went on to warn Iran

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Speaker 1: that closing the Strait of horror moves would be a

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Speaker 1: suicidal move for the regime. Oil prices meantime are pushing

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Speaker 1: higher after those US strikes on Iran's nuclear facilities. Brent

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Speaker 1: crude and WTI are higher by more than two percent.

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Speaker 1: Bob McNally is president and founder of Rapidan Energy Group.

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Speaker 3: Look, we're up.

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Speaker 4: Ten dollars a barrel since the war started, now a

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Speaker 4: little more, and so I think there's appropriate amount of

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Speaker 4: risk in the market right now. Traders are sort of

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Speaker 4: holding their breath waiting to see if Israel Iran expand

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Speaker 4: this conflict beyond military and political targets into traded energy.

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Speaker 4: So far, no one's pulled that trigger yet, and if

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Speaker 4: they don't, I can see the price kind of reversing.

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Speaker 1: That is Bob McNally, he's the president and founder of

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Speaker 1: Rapidan and Group. Meantime, the United Nations Security Council met

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Speaker 1: today at the request of Tehran. Here is Antonio Guterres,

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Speaker 1: the UN Secretary General.

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Speaker 5: The bombing of Uranian nuclear facilities by the United States

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Speaker 5: marks a perilous urn in a region that is already

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Speaker 5: relinked from the outset of the crisis. I have repeatedly

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Speaker 5: condemned any military escalation in the Middle Easts. The people

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Speaker 5: of the region cannot endure another cycle of destruction.

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Speaker 1: That was UN Secretary General Antonio Guterius maintime in Washington.

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Speaker 1: We're getting plenty of reaction here, as California Republican Congressman

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Speaker 1: darryl isis speaking earlier to Bloomberg's balance of power.

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Speaker 3: The President has made it clear he's holding out an

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Speaker 3: olive branch every day, including today, but he's also made

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Speaker 3: it clear he will not tolerate the continued behavior that

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Speaker 3: has coused so many American lives all the way back

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Speaker 3: to the early nineteen eighties when the Iranian regime was young.

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Speaker 3: They have been killing America.

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Speaker 1: That is California Republican Congressman darryl Isa there speaking on

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Speaker 1: Bloomberg's balance of power. In the week ahead, Fetchair J.

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Speaker 1: Powell will be on Capitol Hill for two days of testimony.

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Speaker 1: Here is Bloomberg's Karen Moscow.

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Speaker 6: Fed Chair Jerome Powell testifies before the House Financial Services

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Speaker 6: Committee on Tuesday. His semi annual congressional testimony comes at

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Speaker 6: a time that the US Central Bank is under pressure

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Speaker 6: from the Trump administration a cut interest rates. He'll be

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Speaker 6: back before the Senate Banking Committee on Wednesday. All this

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Speaker 6: on top of what's a busy economic calendar in the

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Speaker 6: week ahead. Among the reports, investors will get a look

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Speaker 6: at SMP's Global Manufacturing and Services PMI, Existing Home Sales,

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Speaker 6: Consumer Confidence, US Goods Trade revised GDP, Personal income, and

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Speaker 6: the PCEE Price Index, to name a few. Karen Moscow

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Speaker 6: Bloomberg Radio.

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Speaker 1: A judge in Tennessee has ordered the release of Kilmar

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Speaker 1: Abrego Garcia, the man mistakenly deported as part of President

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Speaker 1: Trump's immigration crackdown. Abrego Garcia is awaiting a federal trial

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Speaker 1: on human smuggling charges, but he's not expected to be

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Speaker 1: allowed to go free. US Magistrate Judge Barbara Holmes has

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Speaker 1: scheduled a hearing for Wednesday to discuss the conditions of

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Speaker 1: Abrego Garcia's release. The US government has already filed a

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Speaker 1: motion to appeal the judge's release order. In sports, a

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Speaker 1: new NBA champion has been crowned the Thunder.

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Speaker 4: I've taken the NBA by storm for the first time.

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Speaker 4: The NBA champion resides at Oklahoma City.

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Speaker 1: The storybook season is complete. That's the call heard from

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Speaker 1: ESPN on ABC, the Oklahoma City Thunder defeating the Indiana

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Speaker 1: Pacers in Game seven. The final score one oh three

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Speaker 1: ninety one. This is the Thunder's second NBA title and

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Speaker 1: the first in Oklahoma City. And that is news when

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Speaker 1: you want it with Bloomberg News. Now, I'm Doug Prisoner

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Speaker 1: and this is Bloomberg