Iran Talks Expected, Trump to Keep Troops in Persian Gulf, More

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Bloomberg News Now 6 min 7 speakers 2 chapters transcribed 5 months ago
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Stephen Carroll 0:00
Hello, I'm Stephen Carroll. I'm in Brussels, where many of Europe's biggest decisions get made.
Caroline Hepke 0:05
And I'm Caroline Hepke in London. We're the hosts of the Bloomberg Daybreak Europe podcast.
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Stephen Carroll 0:33
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Stephen Carroll 0:43
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Caroline Hepke 0:45
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Stephen Carroll 0:46
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Karen Moscow 1:01
News when you want it with Bloomberg News Now. I'm Karen Moscow. On day two of the two-week ceasefire between the U.S. and Iran, the White House said there will be direct talks with Tehran this weekend led by Vice President J.D. Vance. But Iran is accusing the U.S. of violating the agreement through Israeli strikes on Lebanon. Vance says that was not part of the deal.
Unknown 1:23
If Iran wants to let this negotiation fall apart in a conflict where they were getting hammered over Lebanon, which has nothing to do with them and which the United States never once said was part of the ceasefire, that's ultimately their choice. We think that would be dumb, but that's their choice.
Karen Moscow 1:39
Vice President J.D. Vance spoke with reporters in Hungary, and we get more with Bloomberg's Jumana Bersetchi in Dubai.
Jumana Bersetchi 1:45
There is positive momentum in that both Iran and the U.S. have stated that they are going to be attending this in-person meeting in Islamabad in the next few days. And the U.S. have confirmed that the delegation will be led by J.D. Vance and, of course, Jared Kushner and Steve Witkoff, who were instrumental in those nuclear discussions even before the war kicked off. J.D. Vance's arrival is a new voice and potentially means that they're bringing in fresh blood to give these negotiations, at least from the U.S. angle, a different perspective. But objectively speaking, though, the two sides are still very far apart in terms of what they're asking for.
Karen Moscow 2:23
Bloomberg's Germana Bersetchi reports Iran is working off a 10-point peace plan while the U.S. is discussing a 15-point proposal. President Trump says U.S. forces will remain in the Middle East until the, quote, real agreement is fully complied with. Iranian officials say Israel's strikes in Lebanon yesterday violated the terms of the ceasefire. We get more with Bloomberg Israeli Bureau Chief Ethan Bronner in Tel Aviv.
Ethan Bronner 2:48
We don't know what was in the deal. We don't know what was agreed to. The deal was between two parties, the United States and Iran. The United States says Lebanon was not part of the deal. Iran says it was. So I don't know... how to interpret that other than to assume that it was not and that Iran would like it to be, or perhaps it began and it got removed. But it does seem like it's going to be something of a stumbling block, but I doubt it's going to be the core stumbling block.
Karen Moscow 3:17
Bloomberg Israeli Bureau Chief Ethan Bronner says yesterday's assault was Israel's largest on Lebanon since the start of its invasion. Lebanon's health ministry says 203 people were killed and more than 1,000 wounded. Oil on the rise once again following yesterday's huge plunge. And right now, NYMEX crude oil is up more than 5%. Brent is up more than 4%. NYMEX crude is at $99.43 a barrel. Brent at $98.71. Anthony DiPiola covers the energy markets for Bloomberg.
Anthony DiPaola 3:49
There remains a lot of oil stuck inside the Persian Gulf, both crude oil as well as refined products, and that needs to clear. With the uncertainty around the terms of how open the Strait of Hormuz will be, if that's going to be open with only the permission of Iran, whether there's going to be some payments involved there.

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