Nathan Hager

President Trump views the Justice Department and his Attorney General as an extension of the White House, essentially his personal lawyer.

Conference board data show just under 17 percent of Americans are planning a trip overseas in the next six months.

That's the lowest since the end of 2022.

Deutsche Bank says transatlantic fares 21 days out are already about 200 bucks higher than before the war began.

And while airlines say they're seeing customers rush to lock in fares before energy prices drive them up even more, United says its prices could rise another 20 percent if jet fuel stays expensive.

Nathan Hager, Bloomberg Radio.

News when you want it with Bloomberg News Now.

I'm Nathan Hager.

Markets are taking a turn on the latest developments in the Middle East.

State-run media are reporting Iran is drafting a protocol with Oman for traffic through the Strait of Hormuz.

The report says the plan will not constitute restrictions.

Iran's deputy foreign minister says Tehran will set tolls for ships passing through the strait.

This comes after a speech last night from President Trump where he urged allies to take the lead.

In that address heard live on Bloomberg Radio, President Trump said attacks on Iran could go another two to three weeks if he doesn't reach a deal.

Bloomberg's Tyler Kendall has more from Washington.

Bloomberg's Tyler Kendall in the nation's capital.

The UK has been leading a virtual meeting with more than 35 nations on how they could reopen the strait.

French President Emmanuel Macron says a military response would not make sense.

French President Emmanuel Macron spoke through an interpreter in Seoul, South Korea.

The prospect of a plan to regulate the strait, though, now has oil moving off session highs.