Nathan Hager

President Trump also said the loss of 13 U.S.

service members in the conflict has only stiffened his resolve to finish the job.

And the speech is getting an anxious reaction in markets and in Washington, D.C.

Bloomberg White House correspondent Jeff Mason says it's the kind of address presidents typically give at the start of a conflict.

And Bloomberg This Weekend co-host Christina Ruffini says the president may have been sending a warning to allies as much as Iran.

All those GCC countries, all those Gulf allies, all the Asian countries that depend heavily on oil coming through that strait, some of them who thought they had very close ties to the United States, are going to be in trouble if the U.S.

is not there to finish the job.

And that's going to fall to some sort of coalition of other nations.

And you can catch Bloomberg this weekend every Saturday and Sunday at 7 a.m.

Eastern on Bloomberg Radio and Television and the Bloomberg Business app.

And as the war enters its second month, Alexis, reports from Iranian state media and residents indicate continuing attacks on civilian infrastructure, including homes, factories and electric facilities.

Iran's Red Crescent Society, which is part of the International Humanitarian Network, says U.S.-Israeli airstrikes have damaged or destroyed more than 90,000 homes, about half of them in Tehran.

U.S.

allies are meeting to prepare a diplomatic outreach to Iran, which is starting to operate the Strait of Hormuz like a toll booth.

A Bloomberg investigation reveals how Iran-friendly tankers are being given secret codes and charged around a dollar per barrel of oil for safe passage.

Reopening the Strait has become a key priority for governments around the world, with U.K.

's prime minister pushing for talks.

The British leader has been a frequent target of the White House for refusing to join its war.

Those talks that Prime Minister Starmer references are happening later today in London and the US is not expected to attend.

Well, after the speech, Alexis, oil is surging, checking prices right now.