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.

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I'm Doug Krisner and this is Bloomberg.

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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.

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

Here is Trump speaking to Fox Sunday Morning Futures.

That is President Trump speaking on Fox News.

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

Here is former CENTCOM commander General Joseph Votel on what he expects next.

Former CENTCOM Commander General Joseph O'Tell speaking on ABC's This Week.

And as the conflict with Iran continues, there is growing concern about volatility in oil markets and whether this is the beginning of a true supply disruption.

Amrita Sen is founder and director of Market Intelligence.

That is Amrita Sen, founder and director of Market Intelligence, speaking earlier to Bloomberg this weekend.