Nathan Hager

If it's a go, Artemis would be on schedule to fly by the moon's far side by Monday.

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With Bloomberg News Now, I'm Nathan Hager.

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News when you want it with Bloomberg News Now.

I'm Nathan Hager.

President Trump may have been looking to assure Americans he has an endgame for the war with Iran, but he's under new pressure this morning from allies and markets.

Bloomberg's Tyler Kendall reports the president used his speech to urge allies to take the lead on the Strait.

The UK is holding a virtual meeting with more than 35 countries on that.

British Foreign Secretary Yvette Cooper says the need for a solution is urgent.

UK Foreign Secretary Yvette Cooper says Iran's allowed just five ships through the Strait in the last 24 hours.

French President Emmanuel Macron says a military response to try to force the Strait open would be unrealistic.

Meanwhile, attacks continue across the Middle East, and Bloomberg Intelligence Senior Defense Research Analyst Wayne Cooper says the U.S.

posture remains unchanged.

You've seen an escalation, an uptick of deployment of assets over to the region that does still support what could potentially be an increase in activity over the weekend.

Retired Colonel Wayne Sanders of Bloomberg Intelligence, and with the straits still effectively shut down, West Texas Intermediate

Crude is surging above $111 a barrel, a gain of 11%.

For Brent, it's up nearly 7%, just shy of $108.

Mike McGlone is a senior commodities strategist for Bloomberg Intelligence.

Mike.