Tiwa Adebayo

It comes as lawmakers in the United States pressed Pentagon chiefs over the estimated $29 billion cost of the conflict.

That's news when you want it with Bloomberg News Now.

I'm Tiwa Adebayo.

News when you want it with Bloomberg News Now.

I'm Tiwa Adebayo.

The Chief Secretary to the UK's Prime Minister says Keir Starmer will make a decision on his future as a growing number of junior government ministers and backbench MPs are calling on him to quit.

Darren Jones told Times Radio that Keir Starmer is listening to colleagues ahead of a key cabinet meeting later this morning.

Bloomberg understands cabinet ministers, including Home Secretary Shabana Mahmood, have privately told Starmer to set out a timetable to step down.

The meeting came after the Prime Minister defended his party's poor local election results.

Kiyosama's speech was billed as a change of direction but instead prompted waves of lawmakers to publicly urge him to go.

More than 70 of Labour's 403 MPs have now called on Starmer to step aside.

Chris Curtis is one of them.

Labour MP and head of the Labour Growth Group in Parliament, Chris Curtis, there.

The Prime Minister is chairing a Cabinet meeting this morning where he will have to confront some senior ministers who privately think his time is up.

Oil prices are climbing after President Trump cast doubt on the fragile US-Iran ceasefire.

Brent crude rose above $105 a barrel as fears grow that the Strait of Hormuz could remain closed for longer than markets had hoped.

Speaking in the Oval Office, Trump dismissed Tehran's latest proposal.

Trump's comments come after sources told Bloomberg that Iran's offer demanded the U.S.

lift its naval blockade and provide sanctions relief while allowing Tehran to retain a degree of control over traffic through the strait.

According to Axios, citing multiple U.S.