Doug Krisner

The White House is using the war with Iran to justify fast-track policy changes.

More from Bloomberg's Nathan Hager in Washington.

And that is news when you want it with Bloomberg News Now.

News when you want it.

With Bloomberg News Now, I'm Doug Krisner.

Defending champion Rory McIlroy has another green jacket.

He won the 2026 Masters at 12 under par.

This is McIlroy's second straight win, making him the fourth man to go back-to-back at Augusta National.

He joins Jack Nicklaus, Nick Faldo, and Tiger Woods.

Incidentally, McIlroy will receive $4.5 million for his victory.

The U.S.

and Iran failed to strike a peace deal over the weekend, and in response, President Trump said the U.S.

will begin a full naval blockade of the Strait of Hormuz beginning on Monday.

Trump also threatened to retaliate in the event of Iranian resistance.

Here is Trump speaking earlier to Fox Sunday Morning Futures.

That was President Trump speaking to Fox News.

Trump also said negotiations collapsed because of differences over the nuclear issue.

Meantime, the president and his advisers are reportedly considering a resumption of limited strikes on Iran as a way of breaking the stalemate in these peace talks.

The Wall Street Journal reports Trump could also resume a full-fledged bombing campaign, although that is far less likely.

And Trump could seek a more temporary blockade while, at the same time, pressuring allies to take responsibility for a military escort mission through the Strait in the future.