Joe Matthew

How dangerous is that commentary from the commander in chief if in fact we haven't?

I'm glad we could get a swing from both of you on this.

Lester Munson and Jamie Jackson are going to stay with us as we now add the voice live from Tokyo of Doug Burgum, the U.S.

Secretary of the Interior.

Secretary, welcome back to Bloomberg TV and radio.

I know you're joining us from a world away at the Japan Energy Summit that's underway in Tokyo.

We'd like to ask you about what you're hearing in Japan.

I just want to start first, though, on the matter of Iran.

Is the energy issue going to bring out a quick resolution to this war?

Well, we'd love to hear more about that when those deals are announced.

Secretary, I hope you can come back to Bloomberg to tell us about it.

I'm wondering what you're hearing from our allies, from our partners there in Tokyo about triple digit crude oil, how long they can last before this damages their economies and how often you're hearing China come up.

You know, Russia and China have been framed as the winners here.

Of course, doesn't that make it cheaper for China?

Yeah.

Secretary Burgum, we heard from the head of the CME group today, Terry Duffy.

You probably know each other.

He was speaking at a conference in Florida and said the Trump administration would risk a biblical disaster, his words, if it attempts to lower oil prices by intervening in derivative markets.

Right.

The oil paper market.