Iran Ramps Up Attacks on US Allies, FIFA Watches Wildfires, More

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Bloomberg News Now 7 min 9 speakers 5 chapters transcribed 2 months ago
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Carol Masser 0:00
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Nick Goodall 0:24
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Monica Ricks 0:30
News when you want it with Bloomberg News Now. I'm Monica Ricks. The U.S. and Iran traded attacks for a seventh straight night, with the U.S. targeting military capabilities, bridges, utilities and port facilities, while Iran responded aiming for American bases in several countries, including Kuwait. The Gulf state suffered one of its heaviest barrages since the Middle East conflict started, triggering multiple rounds of sirens throughout the morning. CENTCOMP CONFIRMED EARLIER IT HAD DESTROYED A SURVEILLANCE TOWER TEHRAN HAD BEEN USING TO TRACK AND TARGET COMMERCIAL VESSELS IN THE STRAIN OF HORMOOZ. THE RENEWED STRIKES ARE PUTTING MORE PRESSURE ON OIL PRICES AND MAKING A RETURN TO A CEASEFIRE DEAL LESS LIKELY.
Monica Ricks 1:10
RUSSIA AND UKRAINE ALSO EXCHANGED FRESH AIR STRIKES OVERNIGHT WITH MOSCOW HITTING UKRAINIAN PORTS AND KYIV TARGETING SEVERAL RUSSIAN REGIONS WITH DRONES. THOSE STRIKES DAMAGED WAREHOUSES OPERATED BY MAJOR ONLINE RETAILERS AND SET A FUEL DEPOT ON FIRE. A Russia sanctions bill to honor late Senator Lindsey Graham now has 84 co-sponsors aimed at ending the war in Ukraine and imposing more tariffs on countries that buy Russian oil and gas. U.S. Trade Representative Jameson Greer talked to Bloomberg from the Aspen Security Forum this week.
Jameson Greer 1:42
Geopolitics are very fragile. And this is something, whether it's a tariff action or sanctions action or anything, something that the president thinks about very carefully. He certainly talks to me. He talks to Secretary Besson, Secretary Rubio, Secretary Levinick. He talks to everybody. He talks to people outside the government. He wants to hit the right spot of putting pressure on countries and putting pressure on Russia without creating more conflict or reducing the likelihood of a peace deal.
Monica Ricks 2:08
That's U.S. Trade Rep. Jameson Greer on Bloomberg this weekend. He says a final decision from the White House is days away. FIFA has no plans to move the World Cup final tomorrow despite smoke from Canadian wildfires that are degrading air quality in the New York area.

How did U.S. and Iran exchanges escalate attacks on U.S. allies and bases?

Monica Ricks 2:23
Ontario Premier Doug Ford says they're working hard to put them out.
Doug Ford 2:26
We have over 100 aircraft in the air, combinations of helicopter water bombers and airplane water bombers as well.
Monica Ricks 2:35
Some lawmakers in Washington have called for sanctions against Canada over its handling of wildfires, and President Trump's threatened more tariffs. But Ford says they should be talking to their governors instead about how they can support Canada. The Pittsburgh Pirates and Cleveland Guardians game actually had to be postponed due to poor air quality last night, but the National Weather Service says skies should clear up in time for Sunday's FIFA final. Today, it's the battle for third place, with France taking on England at 5 p.m.

What specific targets did U.S. strikes and Iran's responses focus on in the Gulf?

Monica Ricks 3:03
Eastern in Miami. Produce supplier Taylor Farms says it's removing all iceberg lettuce sourced from Mexico that have been linked to a cyclospora outbreak making thousands sick in several states. Here's Bloomberg's Ed Kalecki.
Ed Kalecki 3:16
Taylor Farms says its Mexican subsidiary is voluntarily removing the product based on information provided by the U.S. Food and Drug Administration. Its representatives met with FDA and White House officials on Thursday to discuss the best approach to ensure public health. No other products are affected and that its branded salad kits sold in supermarkets don't contain iceberg lettuce. Taylor Farm said it was removing the lettuce. The agency said its investigation is ongoing. Ed Kalecki, Bloomberg Radio.

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