Dan Schwartzman

That's news when you want it with Bloomberg News Now.

I'm Dan Schwartzman and this is Bloomberg.

News when you want it, with Bloomberg News Now, I'm Dan Schwartzman.

In response to the Supreme Court decision on Friday to strike down many of President Trump's tariffs, Trump imposed another tariff.

That's President Trump.

One of the biggest questions remaining is if the government would have to refund the tariffs back to companies with the amount thought to be in the $170 billion range.

Sarah Albrecht is chair of the Liberty Justice Center and lead plaintiff in the Supreme Court's tariff case.

She says the high court's ruling Friday is a huge win for small businesses and believes money will be returned.

That's Sarah Albrecht, chair of the Liberty Justice Center and a lead plaintiff in the Supreme Court's tariff case.

As tensions grow between the U.S.

and Iran, with the U.S.

building up a massive armada in the Middle East consisting of two aircraft carriers, hundreds of fighter jets and refueling tankers, and thousands of troops, the oil market is experiencing its strongest start to year since 2022.

Brent futures touching a seven-month high of more than $72 a barrel on Friday, with some analysts seeing a risk premium of as much as $10.

Overall, Brent is up about 18 percent since the end of last year, despite traders forecasting a record supply surplus.

The U.S.

military announcing on Friday that as part of Operation Southern Spear, it destroyed another boat, killing three people it says were trafficking drugs in the eastern Pacific Ocean.

The latest attack raises the death toll from these types of strikes on alleged drug vessels to at least 148 people since early September.

The practice of destroying alleged drug boats while killing those aboard have critics questioning the legality of such a move.

Chat GPT maker OpenAI is projecting that its revenue will grow rapidly in the next few years and exceed $280 billion in 2030.

That's according to a person familiar with the matter.