Doug Krizner

News when you want it with Bloomberg News Now.

I'm Doug Krisner.

We begin with a risk of military confrontation between the U.S.

and Iran.

A vast array of American forces are now stationed in the Middle East.

This would include two aircraft carriers, fighter jets, and refueling tankers.

Earlier today, President Trump said he would decide his next move on Iran within days.

Needless to say, the heightened risk of an attack sent crude oil prices higher today.

WTI for March delivery, which expires tomorrow, incidentally, it was up 1.9% today to settle at 66.43.

Here is Bloomberg News Senior Editor Eric Wiener.

That is Bloomberg's Eric Wiener.

Meantime, President Trump is reportedly weighing an initial limited military strike to force Iran to meet his demands for a nuclear deal.

The Wall Street Journal reports an opening assault would target a few military or government sites.

The journal also reporting that if Iran still refuses to comply, the U.S.

would respond with a broad campaign against regime facilities.

Also today, President Trump hosted the inaugural meeting of his Board of Peace.

Representatives of at least 40 countries attended.

Trump said the board received roughly $17 billion in pledges toward humanitarian and reconstruction efforts in Gaza.

Trump also said his son-in-law, Jared Kushner, would be a member of the Board of Peace.

Here's Kushner.