Nathan Hager

Stocks are coming off seven straight days of gains, their longest winning streak since October.

Robert Rao is head of global strategy at Citigroup Research.

Citigroup Research's Robert Rau, the S&P 500 is down nearly 1% since the war began, while oil is up 46%.

I'm Nathan Hager, and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Nathan Hager.

Karen, the U.S.

and Iran are headed for high-level talks in Pakistan tomorrow on ending their six-week war with new threats from President Trump.

In a series of social media posts, the president warned Iran against charging fees on tankers to go through the Strait of Hormuz, and he said Iran was doing a dishonorable job of allowing oil through the waterway.

Bloomberg's Jumana Bersetchi reports both sides are still very far apart ahead of tomorrow's discussions.

And Bloomberg's Jumana Bersetchi reports despite his latest threats, President Trump still says he's optimistic about reaching a deal with Iran.

And Karen, Israeli Prime Minister Benjamin Netanyahu has agreed to hold talks with Lebanon.

This comes as President Trump said the Israeli leader is, in his words, going to low key it with strikes on the war weary country.

Still, Netanyahu is vowing to keep fighting Iran backed Hezbollah in Lebanon.

Benjamin Netanyahu spoke through an interpreter there.

The Lebanese health ministry says the death toll from Israel's offensive this week left more than 300 dead.

And as we close out this volatile trading week, Karen, oil is on the rise as risks to global energy supplies continue to grow.

According to Saudi Arabia's state-run news agency, the kingdom has lost nearly 600,000 barrels a day of production capacity as a result of Iranian attacks.

Will Kennedy covers energy markets for Bloomberg.

Bloomberg's Will Kennedy says markets face a daily shortfall of more than 10 million barrels.